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Torrey Gray

Torrey Gray

Loan Officer
Movement Mortgage
NMLS ID # 1523990

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.

Torrey Gray
Torrey Gray
Loan Officer
Wondering how much home you can afford? Let’s talk about your next move!
125 TownPark Dr NW, Ste 160, Kennesaw, GA 30144
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NMLS # 1523990

State License #GA-52618, SC-MLO-1523990, MD-1523990