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Shannon Nichols Headshot

Shannon Nichols

Branch Leader
Movement Mortgage
NMLS ID # 700897

Market Update

Top view Aerial view of Deep water port with cargo ship and container Singapore

September 20, 2019

Federal Reserve drops rates to keep economy growing

The Federal Reserve just cut rates by .25%, but that doesn’t mean your mortgage rate went down with it. In fact, average mortgage rates went up this week. So what’s going on that’s causing the changes? Get the details right now in this week’s Market Update.

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Shannon Nichols Headshot
Shannon Nichols
Branch Leader
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9242 Ellerbe Rd. Ste 100, Shreveport, LA 71106
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NMLS # 700897

State License #LA