THE MOVEMENT PROCESS
MARKET UPDATES
TREASURYS, DOW TANK AS VIRUS FEAR SPREADS
FEBRUARY 28, 2020
The 10-year Treasury note yield is trading at record lows this week as the Dow Jones Industrial average slipped into correction territory. The Dow was expected to drop even further at the start of trading Friday morning with futures pointing to at least a 400-point dip. This is the worst week for the Dow since the 2008 financial crisis. And this is all related to the fear of a global pandemic because of the coronavirus.

HOUSING STARTS 2020 WITH A BOOM AS RATES STAY LOW
FEBRUARY 14, 2020
The spread of the coronavirus across mainland China, and internationally, continues to take up space in markets. More than 60,000 cases of the coronavirus have been confirmed in China with more than 1,300 deaths associated with the virus in the country. There have been 15 confirmed cases in the United States.

Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (For licensing information, go to:www.nmlsconsumeraccess.org) | 877-314-1499. Movement Mortgage, LLC is licensed by AL # 21022, AK # AK39179, AZ # 0918544, AR # 105002, CA Department of Business Oversight under the California Residential Mortgage Lending Act # 4131054, CO # 39179, CT # ML-39179, DE # 012644, D.C. # MLB39179, FL # MLD1360, GA # 23002, HI # HI-39179 & MS205, ID # MBL-8027 & RRL-9397, IL # MB.6760898, IN # 18121, IA # 2013-0023 & 88883410, KS# MC.0025343, KY # MC85066, LA, ME # 39179, MD # 19094, MA Banker & Lender # MC39179, MI # FR0021343 & SR0020189, MN # MN-MO-39179, MS# 39179, MO # 18-2096, NE, NV # 3401, NH # 20985-MB, Licensed by the N.J. Department of Banking and Insurance, NM, Licensed Mortgage Banker-NYS Banking Dept. #B500997 & B501039, NC # L-142670, ND # MB103223, OH # RM.804187.000, OK # ML002646, OR # ML-5081 & MS-37, PA # 34374, Rhode Island Licensed Lender, Broker and Servicer 20153194LL & 20153195LB & 20153196LS, SC # MLS – 39179, SD # ML.05007, TN # 112748, TX, UT # 7773921, VT # 6862, 39179-1 & 1288 MB, VA # MC-5112, WA # CL-39179, WI # 39179BA & 39179BR, WV # MB-32019 & ML-32020, WY # 3104 & SL-3790. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. “Movement Mortgage” is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company. 8024 Calvin Hall Rd, Indian Land, SC 29707.