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Lucas Johnson Headshot

Lucas Johnson

Loan Officer
Movement Mortgage
NMLS ID # 1569262

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...

Lucas Johnson Headshot
Lucas Johnson
Loan Officer
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106 Pinnacle Dr, Ste 101, Johnson City, TN 37615
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NMLS # 1569262

State License #AL, KY-MC871130, TN-133172, VA-MLO-35434VA