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Thea Simolari headshot

Thea Simolari

Senior Loan Officer
Movement Mortgage
NMLS ID # 20914

Market Update

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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...

Thea Simolari headshot
Thea Simolari
Senior Loan Officer
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78 Blanchard Rd, Ste 102, Burlington, MA 01803
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NMLS # 20914

State License #MA-MLO20914, NH, RI