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Michael Wessels Headshot

Michael Wessels

Branch Manager
Movement Mortgage
NMLS ID # 476421
312 East Stein Highway, Seaford, DE 19973
Dial Phone Number
p: (410) 430-6256
 Send E-mail to
e: mike.wessels@movement.com
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Market Update

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March 22, 2024

Fed Keeps Rates Unchanged, But 3 Cuts Expected This Year

The pivotal event of the week revolved around Wednesday's March FOMC meeting. As anticipated, the Federal Reserve kept rates unchanged, yet the unveiling of their updated SEP (Summary of Economic Projections) provided intriguing insights....

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Categories
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Economic Strength Mutes Fed’s Rate Cut Urgency

February 23, 2024

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A Resilient Economy & Rate Cut Expectations

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Are Lower Rates Fueling Home Price Increases?

February 9, 2024

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Strong Jobs Report Delays Rate Relief, But for How Long?

February 2, 2024

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Michael Wessels Headshot
Michael Wessels
Branch Manager
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312 East Stein Highway, Seaford, DE 19973
(opens in a new tab)
NMLS # 476421

State License #DE-MLO-476421, MD-476421