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Robert Crane Headshot

Robert Crane

Senior Loan Officer
Movement Mortgage
NMLS ID # 65241

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...

Robert Crane Headshot
Robert Crane
Senior Loan Officer
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8246 Seneca Tpke, Clinton, NY 13323
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NMLS # 65241

State License #NY Licensed Mortgage Banker-NYS Department of Financial Services