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Michael Torres

Market Leader
Movement Mortgage
NMLS ID # 1536158

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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Michael Torres headshot
Michael Torres
Market Leader
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7000 N 10th St. Suite C, McAllen, TX 78504
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NMLS # 1536158

State License #TX