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Jessica Benevento

Jessica Benevento

Loan Officer
Movement Mortgage
NMLS ID # 1969248

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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Jessica Benevento
Jessica Benevento
Loan Officer
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8502 E Princess Dr, Scottsdale, AZ 85255
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NMLS # 1969248

State License #AZ-1010184, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI1969248, CO-100542925, FL-LO103317, IL-031.0082684, MA-MLO1969248, MT-1969248, TX, WA-MLO-1969248