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Eric Kincheloe headshot

Eric Kincheloe

Loan Officer
Movement Mortgage
NMLS ID # 48932

Market Update

shanghai stock market

August 9, 2019

How China’s currency led to a significant rate drop

Long-term fixed-rate mortgage rates just dropped again and are nearly a full point lower than they were a year ago. Find out what happened this week with China that spurred the rate drop, and what that means for you, in this week’s Market Update.

Eric Kincheloe headshot
Eric Kincheloe
Loan Officer
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124 Hebron Ave, Ste 2B, Glastonbury, CT 06033
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NMLS # 48932

State License #AL-90600, CT-LO-48932, FL-LO136849, MA-MLO48932, NY-Licensed Mortgage Banker-NYS Department of Financial Services, RI, SC-BFI-MLO-48932, VA-MLO-63590VA