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Michael Riverso

Michael Riverso

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 1934742
2701 S 16th St, First Floor, Philadelphia, PA 19145
Dial Phone Number
p: (267) 549-5458
f: (610) 596-8789
Send E-mail to
e: michael.riverso@movement.com

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.

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Michael Riverso
Michael Riverso
Team Lead Loan Officer
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2701 S 16th St, First Floor, Philadelphia, PA 19145
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NMLS # 1934742

State License #DE-MLO-1934742, FL-LO103175, MD-1934742, NJ- licensed by the N.J. Department of Banking and Insurance, PA-75491, SC-MLB - 2191687