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Tony Sergi Headshot

Tony Sergi

Loan Officer
Movement Mortgage
NMLS ID # 369734

Market Update

A56I4809

June 21, 2022

The Fed made its move, so what now?

The Federal Reserve made a big move to try and stifle inflation by raising the federal funds rate by .75% (or 75 basis points). It was the biggest rate hike in nearly three decades and Fed Chair Jerome Powell indicated that the Federal Open Market...

Tony Sergi Headshot
Tony Sergi
Loan Officer
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101 North Main St, Ste A, Bel Air, MD 21014
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NMLS # 369734

State License #DE-MLO-369734, DC-MLO369734, FL-LO107608, MD-369734, NJ, NC-I-209952, PA-96384, SC-MLO - 369734, VA-MLO-60873VA