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Mark Allen

Mark Allen

Loan Officer
Movement Mortgage
NMLS ID # 242375
575 Lynnhaven Pkwy, Ste 101, Virginia Beach, VA 23452
Dial Phone Number
p: (757) 724-5094
o: (757) 227-5076
Send E-mail to
e: mark.allen@movement.com

Market Update

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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...

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Mark Allen
Mark Allen
Loan Officer