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Eric Formiller Headshot

Eric Formiller

Loan Officer
Movement Mortgage
NMLS ID # 485383

Market Update

Bridge in Hong Kong and Container Cargo freight ship

November 22, 2019

Trade deal stalemate, positive housing data

There is still a lot of uncertainty about the trade deal with China and that’s causing a lot of confusion in the markets. Three straight days of losses this week helped push Treasury yields down and keep interest rates low and steady. Will that trend continue into next year?

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Eric Formiller Headshot
Eric Formiller
Loan Officer
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27401 Los Altos Suite 100, Mission Viejo, CA 92691
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NMLS # 485383

State License #CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI485383

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