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Mike Barefoot

Senior Mortgage Officer
Movement Mortgage
NMLS ID # 264897

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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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