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Michael Sallee headshot

Michael Sallee

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 406308

Market Update

Manhattan skyline during The fall

October 4, 2019

Market volatility opens door for rate cut

The “October effect” came in full force this week as the Dow Jones Industrial average dropped more than 800 points over the first two days of the month.

Michael Sallee headshot
Michael Sallee
Team Lead Loan Officer
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180 Clear Creek Dr, Ste 101 and 102, Ashland, OR 97520
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NMLS # 406308

State License #CA-DBO406308, OR, WA-MLO-406308