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Michael Sallee headshot

Michael Sallee

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 406308

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...

Michael Sallee headshot
Michael Sallee
Team Lead Loan Officer
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180 Clear Creek Dr, Ste 101 and 102, Ashland, OR 97520
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NMLS # 406308

State License #CA-DBO406308, OR, WA-MLO-406308