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Theresa Springer Headshot

Theresa Springer

Sales Manager
Movement Mortgage
NMLS ID # 70667
701 NE 136th Ave suite 200 office 209, Vancouver, WA 98684
Dial Phone Number
p: (360) 798-4161
o: (503) 766-4335
Send E-mail to
e: Theresa.Springer@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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Theresa Springer Headshot
Theresa Springer
Sales Manager
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701 NE 136th Ave suite 200 office 209, Vancouver, WA 98684
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NMLS # 70667

State License #CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DBO70667, OR, WA-MLO-70667