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Michelle Wahlmark

Michelle Wahlmark

Branch Manager | Senior Loan Officer
Movement Mortgage
NMLS ID # 128579
121 North Cedar Crest Blvd, Ste E, Allentown, PA 18104
Dial Phone Number
p: (610) 248-8448
o: (302) 502-1282
f: (610) 492-7442
Send E-mail to
e: michelle.wahlmark@movement.com

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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Michelle Wahlmark
Michelle Wahlmark
Branch Manager | Senior Loan Officer
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121 North Cedar Crest Blvd, Ste E, Allentown, PA 18104
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NMLS # 128579

State License #DE-MLO-128579, FL-LO97775, MD-128579, NJ, PA-24315