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Waldy Ripoll headshot

Waldy Ripoll

Loan Officer
Movement Mortgage
NMLS ID # 1450474

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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Waldy Ripoll headshot
Waldy Ripoll
Loan Officer
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1215 Reservoir Ave, Cranston, RI 02920
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NMLS # 1450474

State License #CT-LO-1450474, MA-MLO1450474, RI