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Susan Dennison

Loan Officer
Movement Mortgage
NMLS ID # 1001938
7201 Glen Forest Dr, Ste 104, Richmond, VA 23226
Dial Phone Number
p: (804) 928-6855
f: (804) 477-1464
Send E-mail to
e: susan.dennison@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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susan dennison headshot
Susan Dennison
Loan Officer
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7201 Glen Forest Dr, Ste 104, Richmond, VA 23226
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NMLS # 1001938

State License #VA-MLO-17967VA