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Michael Swanson

Michael Swanson

Loan Officer
Movement Mortgage
NMLS ID # 934176
8024 Calvin Hall Rd, Fort Mill, SC 29707
Dial Phone Number
p: (704) 930-2509
f: (704) 512-0860
Send E-mail to
e: michael.swanson@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...

Michael Swanson
Michael Swanson
Loan Officer
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8024 Calvin Hall Rd, Fort Mill, SC 29707
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NMLS # 934176

State License #AK-AK934176, AR-934176, AZ-0936608, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act- CA-DBO934176, CO-100514176, DC-MLO934176, DE-Temporary Authority, FL-LO46691, GA-934176, ID-Temporary Authority, KY-MC357691, LA, MD-32266, MA-MLO934176, MO-12808-MLO, NC-I-154734, NJ, NV-56121, NY Licensed Mortgage Banker-NYS Department of Financial Services, PA-57210, SC-MLO-934176, TN-129242, TX, VA-MLO-13359VA, WA-MLO-934176, WV-LO-934176