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Erik Valencia headshot

Erik Valencia

Senior Loan Officer
Movement Mortgage
NMLS ID # 674724

Movement Blog

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.

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Erik Valencia headshot
Erik Valencia
Senior Loan Officer
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4120 N. Linder Rd, Ste 150, Meridian, ID 83642
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NMLS # 674724

State License #AZ-LO-2013478, ID-MLO-15543, OR