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Michael Davis

Michael Davis

Loan Officer
Movement Mortgage
NMLS ID # 1855056

Market Update

Top view Aerial view of Deep water port with cargo ship and container Singapore

September 20, 2019

Federal Reserve drops rates to keep economy growing

The Federal Reserve just cut rates by .25%, but that doesn’t mean your mortgage rate went down with it. In fact, average mortgage rates went up this week. So what’s going on that’s causing the changes? Get the details right now in this week’s Market Update.

Michael Davis
Michael Davis
Loan Officer
Wondering how much home you can afford? Let’s talk about your next move!
550 Westcott St, Ste 460, Houston, TX 77007
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NMLS # 1855056

State License #TX