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Steve Grzesczyk Headshot

Steve Grzesczyk

Branch Manager
Movement Mortgage
NMLS ID # 635954

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...

Steve Grzesczyk Headshot
Steve Grzesczyk
Branch Manager
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124 Hebron Ave, Ste 2B, Glastonbury, CT 06033
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NMLS # 635954

State License #CT-LO-635954