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Jeff Mountain

Producing Market Leader
Movement Mortgage
NMLS ID # 1208144

Movement Blog

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.

Jeff Mountain headshot
Jeff Mountain
Producing Market Leader
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701 Freeport Rd, Pittsburgh, PA 15238
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NMLS # 1208144

State License #CA-DFPI1208144, FL-LO69224, PA-47311, SC-MLO-1208144, WV-LO-1208144