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Matthew Davis

Matthew Davis

Branch Leader
Movement Mortgage
NMLS ID # 120370

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.

Matthew Davis
Matthew Davis
Branch Leader
Wondering how much home you can afford? Let’s talk about your next move!
401 Sherman Ave. Suite 203, Coeur d'Alene, ID 83814
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NMLS # 120370

State License #CA-DBO120370, ID-MLO-2080120370, WA-MLO-120370