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Shawn Allen headshot

Shawn Allen

Loan Officer
Movement Mortgage
NMLS ID # 1551692
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Market Update

Hart Senate Office Building

agosto 2, 2019

Fed’s rate cut countered by Trump

Additional tariffs on Chinese goods caused a rumble in the stock and bond market this week, just a day after the Federal Reserve announced a rate cut. Oil prices also took a tumble while long-term mortgage rates held steady. A breakdown of a busy week in this edition of Market Update.

Shawn Allen headshot
Shawn Allen
Loan Officer
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1344 N. Main Street, Blacksburg, VA 24060
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NMLS # 1551692

State License #VA-MLO-31593VA, WV-LO-1551692