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Reed Lester

Reed Lester

Loan Officer
Movement Mortgage
NMLS ID # 1131688

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...

Reed Lester
Reed Lester
Loan Officer
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4700 Falls of Neuse Rd, Ste 225, Raleigh, NC 27609
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NMLS # 1131688

State License #NC-I-180438, VA-MLO-37924VA