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Lauri Skagen

Lauri Skagen

Senior Loan Officer
Movement Mortgage
NMLS ID # 165970

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.

Lauri Skagen
Lauri Skagen
Senior Loan Officer
Wondering how much home you can afford? Let’s talk about your next move!
225 108th Ave NE, Ste 250, Bellevue, WA 98004
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NMLS # 165970

State License #AZ-1046295, TX, WA-MLO-165970