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Lorri Hoffman

Lorri Hoffman

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 105066

Movement Blog

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September 20, 2024

Fed’s Rate Cut Boosts Inventory, but Market Remains Tight

The market is continuing to respond to the Federal Reserve's 50-basis point rate cut on Wednesday. Current sentiment suggests the Fed may successfully guide the economy toward a soft landing, bolstered by the recent jobless claims that indicate...

Lorri Hoffman
Lorri Hoffman
Team Lead Loan Officer
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19720 Jetton Rd, Stes 202 & 203, Cornelius, NC 28031
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NMLS # 105066

State License #CA-DFPI105066-CA DFPI under the California Residential Mortgage Lending Act, GA-62040, FL-LO53896, IL-031.0086719, KY-MC864717, MD-105066, NV-NMLO-101826, NC-I-160402, OH-MLO-OH.105066, PA-110492, SC-MLO - 105066, TN-105066, TX-SML, VA-MLO-37958VA