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Erik Valencia headshot

Erik Valencia

Senior Loan Officer
Movement Mortgage
NMLS ID # 674724

Movement Blog

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July 12, 2019

Rates steady at near three-year low, Fed on the brink

With a cut in interest rates a near certainty this month, the Dow Jones Industrial Average skyrocketed to 27,000 for the first time ever. The Dow rallied this week on the testimony of Federal Reserve Chairman Jerome Powell.

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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