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Kyle Regan headshot

Kyle Regan

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 1447325

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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Kyle Regan headshot
Kyle Regan
Team Lead Loan Officer
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99 Rosewood Dr suite 270, Danvers, MA 01923
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NMLS # 1447325

State License #ME, MA-MLO1447325, NH