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Tod Mershon headshot

Tod Mershon

Team Lead Loan Originator
Movement Mortgage
NMLS ID # 20655

Market Update

EB1A9888

March 24, 2023

Uncertainty reigns in the economy as mortgage rates slide...

Over the past year the Federal Reserve has increased the federal funds rate a total of nine times—but this last one was a bit different. The Federal Open Market Committee unanimously decided to hike the overnight lending rate by 25-basis points...

Tod Mershon headshot
Tod Mershon
Team Lead Loan Originator
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1031 Route 22, Ste 203, Bridgewater, NJ 08807
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NMLS # 20655

State License #FL-LO35756, PA-21401, NJ-9405308, NY Licensed Mortgage Banker-NYS Department of Financial Services, SC-MLO-20655