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Richard H. Lamotte Headshot

Richard H. Lamotte

Loan Officer
Movement Mortgage
NMLS ID # 337079

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...

Richard H. Lamotte Headshot
Richard H. Lamotte
Loan Officer
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430 Dolphin Dr, Suite 300, Jacksonville, NC 28546
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NMLS # 337079

State License #NC-I-155776