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Richard Candelaria

Richard Candelaria

Junior Loan Officer
Movement Mortgage
NMLS ID # 1749759

Market Update

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September 20, 2024

Fed’s Rate Cut Boosts Inventory, but Market Remains Tight

The market is continuing to respond to the Federal Reserve's 50-basis point rate cut on Wednesday. Current sentiment suggests the Fed may successfully guide the economy toward a soft landing, bolstered by the recent jobless claims that indicate...

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Richard Candelaria
Richard Candelaria
Junior Loan Officer
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3800 Osuna Rd NE Suite 1, Albuquerque, NM 87109
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NMLS # 1749759

State License #NM