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Tod Mershon headshot

Tod Mershon

Team Lead Loan Originator
Movement Mortgage
NMLS ID # 20655

Movement Blog

Manhattan skyline during The fall

October 4, 2019

Market volatility opens door for rate cut

The “October effect” came in full force this week as the Dow Jones Industrial average dropped more than 800 points over the first two days of the month.

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Tod Mershon headshot
Tod Mershon
Team Lead Loan Originator
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1031 Route 22, Ste 203, Somerville, NJ 08807
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NMLS # 20655

State License #FL-LO35756, PA-21401, NJ-9405308 - licensed by the N.J. Department of Banking and Insurance, NY, SC-MLO-20655