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Miguel Davila

Miguel Davila

Market Leader
Movement Mortgage
NMLS ID # 217014

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...

Miguel Davila
Miguel Davila
Market Leader
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2900 Pershing Dr. Suite P, El Paso, TX 79903
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NMLS # 217014

State License #NM, TX