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Tony Croft Headshot

Tony Croft

Loan Officer
Movement Mortgage
NMLS ID # 5249

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.

Tony Croft Headshot
Tony Croft
Loan Officer
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1031 Route 22, Ste 203, Bridgewater, NJ 08807
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NMLS # 5249

State License #FL-LO31670, KY-MC782364, NJ, NY-5249-005403 Licensed Mortgage Banker-NYS Department of Financial Services, OH-MLO-OH.5249, PA-49903