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Rabi Shamis

Rabi Shamis

Loan Officer
Movement Mortgage
NMLS ID # 208135

Market Update

A56I2809

October 22, 2021

Balancing inflation the Fed’s focus as rates creep up

Strong earnings reports and a better than expected report on jobless claims pushed the 10-year Treasury note yield higher over the last week with investors hoping these are signals of an improving economy. The 10-year note yield rose to 1.67%—a gain...

Rabi Shamis
Rabi Shamis
Loan Officer
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24285 Katy Fwy Suite 400I, Katy, TX 77494
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NMLS # 208135

State License #FL-LO103609, MI-208135, TX-SML