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Casey Shaffer

Casey Shaffer

Loan Officer
Movement Mortgage
NMLS ID # 2101818

Market Update

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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...

Casey Shaffer
Casey Shaffer
Loan Officer
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114 Lovell Rd. Suite 102, Knoxville, TN 37934
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NMLS # 2101818

State License #KY-MC795656, TN-2101818