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Steve Schutt

Steve Schutt

Branch Leader
Movement Mortgage
NMLS ID # 342876
Lo siento, no hablo español.

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.

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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, NC-I-207795, OH-MLO-OH.342876, TN-342876, TX, VA-MLO-60872VA