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Valerie Salvucci headshot with transparent background

Valerie Salvucci

Senior Loan Officer
Movement Mortgage
NMLS ID # 33400

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.

Valerie Salvucci headshot with transparent background
Valerie Salvucci
Senior Loan Officer
Wondering how much home you can afford? Let’s talk about your next move!
78 Blanchard Rd, Ste 102, Burlington, MA 01803
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NMLS # 33400

State License #FL –LO103149, MA–MLO33400, ME, NH