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Bruce Braddy

Bruce Braddy

Loan Officer
Movement Mortgage
NMLS ID # 83159
4700 Falls of Neuse Rd, Ste 225, Raleigh, NC 27609
Dial Phone Number
p: (919) 306-2125
o: (919) 535-4728
f: (919) 647-4184
Send E-mail to
e: bruce.braddy@movement.com

Market Update

Hart Senate Office Building

August 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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Bruce Braddy
Bruce Braddy
Loan Officer
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4700 Falls of Neuse Rd, Ste 225, Raleigh, NC 27609
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NMLS # 83159

State License #NC-I-153388