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Richard H. Lamotte Headshot

Richard H. Lamotte

Loan Officer
Movement Mortgage
NMLS ID # 337079

Market Update

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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...

Richard H. Lamotte Headshot
Richard H. Lamotte
Loan Officer
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430 Dolphin Dr, Suite 300, Jacksonville, NC 28546
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NMLS # 337079

State License #NC-I-155776