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Fasika Lemma

Branch Leader
Movement Mortgage
NMLS ID # 984389
2451 W. Grapevine Mills Circle Suite106, Grapevine, TX 76051
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p: (616) 389-7318
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e: fasika.lemma@movement.com
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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...

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Fasika Lemma
Branch Leader
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2451 W. Grapevine Mills Circle Suite106, Grapevine, TX 76051
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NMLS # 984389

State License #TX