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Josh King

Josh King

Loan Officer
Movement Mortgage
NMLS ID # 1940214
11900 NE 1st Street, Ste 100, Bellevue, WA 98005
Dial Phone Number
p: (206) 399-4088
o: (206) 656-1765
Send E-mail to
e: josh.king@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.

Josh King
Josh King
Loan Officer
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11900 NE 1st Street, Ste 100, Bellevue, WA 98005
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NMLS # 1940214

State License #OR-1940214, WA-MLO-1940214