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Charlie Hayes

Charlie Hayes

Senior Loan Officer
Movement Mortgage
NMLS ID # 65333
127 First Avenue NE, Hickory, NC 28601
Dial Phone Number
p: (828) 291-2008
f: (704) 512-0790
Send E-mail to
e: charlie.hayes@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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Charlie Hayes
Charlie Hayes
Senior Loan Officer
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127 First Avenue NE, Hickory, NC 28601
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NMLS # 65333

State License #NC-I-124459