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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

Movement Blog

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January 5, 2024

When will we see the first rate cut of 2024?

The tug-of-war between market expectations of rate cuts and the Federal Reserve's efforts to manage those expectations persists as we enter the new year. Last week, markets indicated a nearly 75% probability of rate cuts beginning in March, but...

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