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Don MacKay

Don MacKay

Branch Leader
Movement Mortgage
NMLS ID # 120906

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...

Don MacKay
Don MacKay
Branch Leader
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5335 Meadows Rd, Ste 110, Lake Oswego, OR 97035
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NMLS # 120906

State License #AZ, CA Licensed by DFPI under the CRMLA-CA-DFPI120906, ID-MLO-2080120906, OR, WA-MLO-120906