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Omar Shreim

Omar Shreim

Loan Officer
Movement Mortgage
NMLS ID # 2590350

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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Omar Shreim
Omar Shreim
Loan Officer
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7710 N FM 620 bldg 13 d office 217, Austin, TX 78726
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NMLS # 2590350

State License #DC-MLO2590350, MD-2590350, VA-MLO-73161VA