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Steve Schutt

Steve Schutt

Branch Leader
Movement Mortgage
NMLS ID # 342876

Market Update

Top left view of graph

November 16, 2018

A strong dollar, shaky oil markets and Fed chatter headline...

The U.S. dollar hit a 17-month high this week causing bond prices to also rise, thus lowering the yields and keeping mortgage rates mostly steady.

Steve Schutt
Steve Schutt
Branch Leader
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1054 John Sims Parkway, Niceville, FL 32578
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NMLS # 342876

State License #AL-84247, AR-128099, CO-100536605, FL-LO85230, GA-342876, IL-031.0076927, LA, MN-MLO-342876, NC-I-207795, OH-MLO-OH.342876, SC-MLO-342876, TN-342876, TX, VA-MLO-60872VA