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John Hess

John Hess

Branch Leader
Movement Mortgage
NMLS ID # 210424
3701 Pender Dr, Ste 210, Fairfax, VA 22030
Dial Phone Number
p: (703) 635-0183
o: (703) 662-4294
Send E-mail to
e: john.hess@movement.com

Market Update

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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...

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John Hess
John Hess
Branch Leader
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3701 Pender Dr, Ste 210, Fairfax, VA 22030
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NMLS # 210424

State License #MD, SC-BFI-Temporary Authority, VA-MLO-2033VA