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Glenn Tobin headshot

Glenn Tobin

Branch Manager
Movement Mortgage
NMLS ID # 855809

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.

Glenn Tobin headshot
Glenn Tobin
Branch Manager
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105 Pleasant St, Stes 6 and 7, Hyannis, MA 02601
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NMLS # 855809

State License #CT- LO-855809, FL- LO60769, GA-855809, MA-MLO855809, NH