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Pam Rocco Headshot

Pam Rocco

Team Lead LO
Movement Mortgage
NMLS ID # 576241
8200 Coastal Hwy, Ocean City, MD 21842
Dial Phone Number
p: (443) 523-6409
f: (276) 522-0012
Send E-mail to
e: pam.rocco@movement.com
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Market Update

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May 5, 2023

Fed’s latest hike pushes mortgage rates down

A 10th straight hike brought us to a 16-year high of the federal funds rate this past week as the Federal Open Market Committee approved a 25-basis point rate increase. Now, the overnight lending rate stands at 5.25%. The move was highly...

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Pam Rocco Headshot
Pam Rocco
Team Lead LO
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8200 Coastal Hwy, Ocean City, MD 21842
(opens in a new tab)
NMLS # 576241

State License #DE-MLO-576241, MD-576241, PA-66833, VA-MLO-37458VA