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Tommy Chimento Headshot

Tommy Chimento

Market Leader | SC Coast
Movement Mortgage
NMLS ID # 450483
126 Seven Farms Dr, Ste 170, Charleston, SC 29492
Dial Phone Number
p: (843) 475-9681
o: (843) 501-9894
f: (843) 628-6719
Send E-mail to
e: tommy.chimento@movement.com

Market Update

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April 12, 2024

Market Adjusts Expectations: Two Rate Cuts Expected This...

The Federal Reserve has signaled a readiness to reduce interest rates, with the timing dependent on economic indicators. However, recent inflation data suggests that any rate cuts in May or June are unlikely, as inflation has surpassed expectations...

Tommy Chimento Headshot
Tommy Chimento
Market Leader | SC Coast
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126 Seven Farms Dr, Ste 170, Charleston, SC 29492
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NMLS # 450483

State License #FL-LO42637, GA-68990, NC-I-164956, SC-BFI-MLO - 450483, VA-MLO-37514VA, WA-MLO-450483