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Michael Chad Smith

Michael Chad Smith

Senior Loan Officer
Movement Mortgage
NMLS ID # 397711
100 Pavilion Way, Ste D, Southern Pines, NC 28387
Dial Phone Number
p: (336) 207-8466
f: (336) 306-5089
Send E-mail to
e: chad.smith@movement.com

Market Update

Young woman in glasses

September 29, 2023

A potential government shutdown could affect rates

It has undeniably been a challenging week, despite the limited economic data releases. Since the start of the week, we have seen yields on the 10-year Treasury rise over 20 bps as of Thursday morning. This quick ascent has put increased pressure on...

Michael Chad Smith
Michael Chad Smith
Senior Loan Officer
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100 Pavilion Way, Ste D, Southern Pines, NC 28387
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NMLS # 397711

State License #NC-I-151386