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Ken Lee

Ken Lee

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 585284

Market Update

A56I4809

June 21, 2022

The Fed made its move, so what now?

The Federal Reserve made a big move to try and stifle inflation by raising the federal funds rate by .75% (or 75 basis points). It was the biggest rate hike in nearly three decades and Fed Chair Jerome Powell indicated that the Federal Open Market...

Ken Lee
Ken Lee
Team Lead Loan Officer
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1000 E Main St ste 300, Salisbury, MD 21804
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NMLS # 585284

State License #DE-MLO-585284, FL-LO121455, MD-585284, PA-101581, VA-MLO-64591VA