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Mike Demaio Headshot

Michael Demaio

Senior Mortgage Loan Officer
Movement Mortgage
NMLS ID # 107797

Movement Blog

White house

November 9, 2018

Election boosts equities, rates still rising

This week’s midterm elections proved to fall in line with history as the stock market showed significant wins for the week. The steadily growing economy only further solidified expectations that the Federal Reserve will raise interest rates in December with a potential of three to four hikes in 2019

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Mike Demaio Headshot
Michael Demaio
Senior Mortgage Loan Officer
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1029 E Main St, Ste 101, 102 & 103, Puyallup, WA 98372
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NMLS # 107797

State License #AL-87041, AR-128417, AZ-1037801, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI107797, CO-100532744, FL-LO108338, GA-107797, HI-107797, ID-MLO-2080107797, IL-031.0077535, IN-DFI-63970, KS-LO.0049520, KY-MC840682, MI-107797, MO -107797, MT-107797, NM, NV-77886, OR, SC-MLO-107797, TN-107797, TX-SML, WA-MLO-107797, WI-107797, WY-105473