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John Farley

John Farley

Sales Manager
Movement Mortgage
NMLS ID # 27360
7530 Lucerne Dr Ste 301, Middleburg Heights, OH 44130
Dial Phone Number
p: (440) 510-5591
f: (440) 510-5267
Send E-mail to
e: john.farley@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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John Farley
John Farley
Sales Manager
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7530 Lucerne Dr Ste 301, Middleburg Heights, OH 44130
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NMLS # 27360

State License #AL-52902, AZ-0920596, CA Licensed by DFPI under the CRMLA - CA-DOC27360, CO-100522614, FL-LO15647, GA-32952, HI-HI-27360, ID-MLO-13464, IL-031.0024753, IN-DFI-15325, KS-LO.0027324, KY-MC79479, LA, ME-27360, MD-27360, MA-MLO27360, MI-27360, MN-MLO-27360, MO-27360, MS-27360, NE-NE27360, NH, NJ - licensed by the N.J. Department of Banking and Insurance, NM, NV-50668, NY Licensed Mortgage Banker-NYS Department of Financial Services, NC-I-154049, OH-MLO.036131.002, OK-MLO05491, OR-27360, PA-42289, SC-BFI-MLO-27360, SD-27360.MLO, TN-110889, TX-SML, VA-MLO-11423VA, WA-MLO-27360, WI-27360, WY-979