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Preston Schmidt

Preston Schmidt

Loan Officer
Movement Mortgage
NMLS ID # 967829
7777 Washington Ave S. Suite 105, Edina, MN 55439
Dial Phone Number
p: (651) 319-2000
f: (651) 378-1883
Send E-mail to
e: preston.schmidt@movement.com

Market Update

Holiday Season family and friends multi-ethnic during thanksgiving dinner

November 20, 2020

Mortgage rates drop again, housing hits the gas

The slight lull in mortgage activity during election season has passed and mortgage demand is spiking once again, buoyed by seventeen straight weeks of average interest rates below 3%, according to Freddie Mac.

Preston Schmidt
Preston Schmidt
Loan Officer
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7777 Washington Ave S. Suite 105, Edina, MN 55439
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NMLS # 967829

State License #MN-MLO-967829, WI-967829