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Ryan Richardson

Loan Officer
Movement Mortgage
NMLS ID # 1454091

Market Update

A56I8469

May 6, 2022

The Fed sets the tone as rates rise again

The Federal Reserve just made its most drastic move in two decades. The central bank increased the federal funds rate by a half a percentage point, moving the overnight lending rate to 0.75%-1%. The Fed also announced it will start to trim its...

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Ryan Richardson headhshot with transparent background
Ryan Richardson
Loan Officer
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508 Bridge St, Phoenixville, PA 19460
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NMLS # 1454091

State License #NJ - licensed by the N.J. Department of Banking and Insurance, PA-56248

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