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Mike Barefoot

Senior Mortgage Officer
Movement Mortgage
NMLS ID # 264897

Market Update

Bridge in Hong Kong and Container Cargo freight ship

November 22, 2019

Trade deal stalemate, positive housing data

There is still a lot of uncertainty about the trade deal with China and that’s causing a lot of confusion in the markets. Three straight days of losses this week helped push Treasury yields down and keep interest rates low and steady. Will that trend continue into next year?

mike barefoot headshot
Mike Barefoot
Senior Mortgage Officer
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575 Lynnhaven Pkwy, Ste 101, Virginia Beach, VA 23452
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NMLS # 264897

State License #NC-I-186815, VA-MLO-2967VA