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Michael Float Headshot

Michael Float

Branch Leader
Movement Mortgage
NMLS ID # 476602
705 Sebastian Blvd, Ste E, Sebastian, FL 32958
Dial Phone Number
p: (772) 532-5984
f: (772) 925-8619
Send E-mail to
e: Michael.Float@movement.com

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.

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Michael Float Headshot
Michael Float
Branch Leader
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705 Sebastian Blvd, Ste E, Sebastian, FL 32958
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NMLS # 476602

State License #FL-LO29429