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Joe Brach

Joe Brach

Branch Manager
Movement Mortgage
NMLS ID # 459837
8200 Coastal Hwy, Ocean City, MD 21842
Dial Phone Number
p: (443) 253-8698
f: (443) 552-3622
Send E-mail to
e: joe.brach@movement.com

Market Update

Top view Aerial view of Deep water port with cargo ship and container Singapore

September 20, 2019

Federal Reserve drops rates to keep economy growing

The Federal Reserve just cut rates by .25%, but that doesn’t mean your mortgage rate went down with it. In fact, average mortgage rates went up this week. So what’s going on that’s causing the changes? Get the details right now in this week’s Market Update.

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Joe Brach
Joe Brach
Branch Manager
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8200 Coastal Hwy, Ocean City, MD 21842
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NMLS # 459837

State License #DE-MLO-459837, FL-LO46662, MD-459837, NJ - Licensed by the N.J. Department of Banking and Insurance, VA-MLO-18726VA, PA-93941