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Eddie Munoz

Eddie Munoz

Jr Loan Officer
Movement Mortgage
NMLS ID # 2748871

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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Eddie Munoz
Eddie Munoz
Jr Loan Officer
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7000 N 10th St. Suite C, McAllen, TX 78504
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NMLS # 2748871

State License #TX-SML