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Josh Klemmer

Josh Klemmer

Market Leader
Movement Mortgage
NMLS ID # 244305
8730 Stony Point Parkway Suite 200, Richmond, VA 23235
Dial Phone Number
p: (804) 389-6660
f: (804) 423-2408
Send E-mail to
e: josh.klemmer@movement.com

Market Update

Investors and contractors on construction site

October 25, 2019

Interest rates tick back up, Fed prepares for another cut

Long-term mortgage rates are on the rise again, although still significantly lower than a year ago. The main reasons are geopolitical concerns (think trade war and Brexit) and government data showing mixed reviews on economic growth. Get all the details in this week’s Market Update.

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Josh Klemmer
Josh Klemmer
Market Leader
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8730 Stony Point Parkway Suite 200, Richmond, VA 23235
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NMLS # 244305

State License #VA-MLO-2888VA