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Paul Davis Profile image

Paul Andrew Davis

Loan Officer
Movement Mortgage
NMLS ID # 108444
1031 Route 22, Ste 203, Somerville, NJ 08807
Dial Phone Number
p: (610) 724-4020
f: (732) 366-5671
Send E-mail to
e: paul.davis@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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Paul Davis Profile image
Paul Andrew Davis
Loan Officer
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1031 Route 22, Ste 203, Somerville, NJ 08807
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NMLS # 108444

State License #CT-LO-108444, FL-LO102188, ME, NJ, NY, PA-93911