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Leigh McMahon

Loan Officer
Movement Mortgage
NMLS ID # 1075410

Market Update

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March 18, 2022

The Fed, interest rates and the dreaded ‘R’ word

The main worry for economists is that the Fed has dug itself a deep hole by keeping interest rates so low for so long that now the FOMC will be forced to keep pushing interest rates higher even if growth slows.

Leigh McMahon headshot with transparent background
Leigh McMahon
Loan Officer
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17877 Von Karman Ave, Ste 230, Irvine, CA 92614
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NMLS # 1075410

State License #CA-DFPI1075410, FL-LO125883, TX