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Linda Bunce headshot

Linda Bunce

Senior Loan Officer
Movement Mortgage
NMLS ID # 30963

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.

Linda Bunce headshot
Linda Bunce
Senior Loan Officer
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78 Blanchard Rd, Ste 102, Burlington, MA 01803
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NMLS # 30963

State License #MA-MLO30963, ME, NH