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Preston Schmidt

Preston Schmidt

Loan Officer
Movement Mortgage
NMLS ID # 967829
2085 County Rd D, Ste B-200, Maplewood, MN 55109
Dial Phone Number
p: (651) 319-2000
f: (651) 378-1883
Send E-mail to
e: preston.schmidt@movement.com

Market Update

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September 22, 2023

Has the Fed Changed Their 2024 Outlook?

A more hawkish Fed. That was the tone of the FOMC meeting on Wednesday. As expected, the FOMC opted to keep rates unchanged for this month. However, what caught many by surprise was the Fed's future guidance. Twelve out of the nineteen members...

Preston Schmidt
Preston Schmidt
Loan Officer
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2085 County Rd D, Ste B-200, Maplewood, MN 55109
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NMLS # 967829

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