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Michael Gleason

Michael Gleason

Sales Manager
Movement Mortgage
NMLS ID # 137764
8822 S. Ridgeline Blvd, Ste 405, Highlands Ranch, CO 80129
Dial Phone Number
p: (303) 877-2916
o: (303) 996-4883
Send E-mail to
e: mike.gleason@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.

Michael Gleason
Michael Gleason
Sales Manager
Wondering how much home you can afford? Let’s talk about your next move!
8822 S. Ridgeline Blvd, Ste 405, Highlands Ranch, CO 80129
(opens in a new tab)
NMLS # 137764

State License #AZ-0913842, CA-DOC137764, CO-100019722, NV-80458, TX, WA-MLO-137764