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Rick Sedberry Headshot

Rick Sedberry

Branch Leader
Movement Mortgage
NMLS ID # 112326
109 E Charles St, Hammond, LA 70401
Dial Phone Number
p: (985) 969-8048
o: (985) 242-4772
f: (985) 247-0872
Send E-mail to
e: Rick.Sedberry@movement.com

Market Update

Investors and contractors on construction site

October 25, 2019

Interest rates tick back up, Fed prepares for another cut

Long-term mortgage rates are on the rise again, although still significantly lower than a year ago. The main reasons are geopolitical concerns (think trade war and Brexit) and government data showing mixed reviews on economic growth. Get all the details in this week’s Market Update.

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Rick Sedberry Headshot
Rick Sedberry
Branch Leader
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109 E Charles St, Hammond, LA 70401
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NMLS # 112326

State License #AL-89238, AR-112326, LA-29559, MS-112326