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Toby Stanfield Headshot

Toby Stanfield

Loan Officer
Movement Mortgage
NMLS ID # 115244
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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.

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Toby Stanfield Headshot
Toby Stanfield
Loan Officer
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620 Green Valley Rd, Ste 208, Greensboro, NC 27408
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NMLS # 115244

State License #NC-I-159335, SC-MLO - 115244, VA-MLO-68169VA