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Carl Garrett

Carl Garrett

Loan Officer
Movement Mortgage
NMLS ID # 206398

Movement Blog

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October 27, 2023

High GDP Indicates Rates May Stay Elevated Longer

The beginning of this week witnessed the 10-year yield surpassing 5% for the first time since 2007, driven by Fed Chair Powell's comments last Thursday and ongoing geopolitical turbulence. However, by mid-Monday morning, the 10-year yield was on...

Carl Garrett
Carl Garrett
Loan Officer
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8730 Stony Point Parkway Suite 200, Richmond, VA 23235
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NMLS # 206398

State License #VA-MLO-5789VA