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Tim Sheppard headshot

Tim Sheppard

Market Leader
Movement Mortgage
NMLS ID # 745490

Market Update

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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.

Tim Sheppard headshot
Tim Sheppard
Market Leader
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2360 Centerville Rd., Tallahassee, FL 32308
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NMLS # 745490

State License #AL-69435, FL-LO49806