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Derek Kane profile image

Derek Kane

Branch Manager
Movement Mortgage
NMLS ID # 231346
3550 Excel Drive, Ste 101, Medford, OR 97504
Dial Phone Number
p: (541) 941-8504
o: (541) 734-9366
Send E-mail to
e: derek.kane@movement.com

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...

Derek Kane profile image
Derek Kane
Branch Manager