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Franco Perrotta headshot

Franco Perrotta

Loan Officer
Movement Mortgage
NMLS ID # 2000455

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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Franco Perrotta headshot
Franco Perrotta
Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
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NMLS # 2000455

State License #CT-LO-2000455, FL-LO113157, NJ, NY Licensed Mortgage Banker-NYS Department of Financial Services, PA-101459