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John Palumbo headshot

John Palumbo

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 169369

Market Update

Aerial view of residential houses at autumn (october). American neighborhood, suburb. Real estate, drone shots, sunset, sunny morning,  sunlight, from above

February 14, 2020

Housing starts 2020 with a boom as rates stay low

Interest rates are still sitting near three-year lows mainly due to concerns about the continued spread of the coronavirus.

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John Palumbo headshot
John Palumbo
Team Lead Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
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NMLS # 169369

State License #AL-86049, AZ-1033396, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI169369, CO-100535396, CT-LO-169369, DE-MLO-169369, FL-LO84, GA-169369, IL-031.0091229, IA-52580, IN-58975, KS-LO.0054669, KY-MC829598, MA-MLO169369, ME, MD-169369, MI-169369, MO-169369, NH, NJ-9941589, NY, NC-l-205970, OH-MLO-OH.169369, PA-26661, SC-MLO-169369, TN-169369, TX, VT-MLO-169369, VA-MLO-62051VA, WV- LO-169369