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Mike DiGilio

Mike DiGilio

Branch Leader
Movement Mortgage
NMLS ID # 144808
421 N. 7th St, Ste 702, Philadelphia, PA 19123
Dial Phone Number
p: (609) 923-3639
f: (609) 232-7357
Send E-mail to
e: mike.digilio@movement.com

Market Update

Couple talking to financial advisor at home

December 16, 2022

Fed’s rate increase could mean good news for mortgage rates

The federal funds rate is now at its highest level in 15 years. Last week Federal Reserve Chair Jerome Powell, along with the Federal Open Market Committee, raised the overnight lending rate by 50-basis points putting it in a range of 4.25% to...

Mike DiGilio
Mike DiGilio
Branch Leader
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421 N. 7th St, Ste 702, Philadelphia, PA 19123
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NMLS # 144808

State License #NJ-0505775, PA-26168