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Tod Mershon headshot

Tod Mershon

Team Lead Loan Originator
Movement Mortgage
NMLS ID # 20655

Market Update

Investors and contractors on construction site

October 25, 2019

Interest rates tick back up, Fed prepares for another cut

Long-term mortgage rates are on the rise again, although still significantly lower than a year ago. The main reasons are geopolitical concerns (think trade war and Brexit) and government data showing mixed reviews on economic growth. Get all the details in this week’s Market Update.

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