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Julie Traub Headshot

Julie Traub

Loan Officer
Movement Mortgage
NMLS ID # 874578

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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Julie Traub Headshot
Julie Traub
Loan Officer
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78 Blanchard Rd. Suite 102, Burlington, MA 01803
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NMLS # 874578

State License #ME, MA-MLO874578, NH, RI