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Chris Fountain

Chris Fountain

Branch Leader
Movement Mortgage
NMLS ID # 136526

Market Update

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May 24, 2024

Home Inventory Increasing as Rates Remain Stable

Ten-year Treasury yields remain in a narrow range of 4.35%-4.50%. Fixed-rate mortgage rates change with the 10-year Treasury yield. When it goes up or down, mortgage rates tend to do the same. Financial markets are awaiting upcoming inflation and...

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Chris Fountain
Chris Fountain
Branch Leader
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575 Lynnhaven Pkwy, Ste 101, Virginia Beach, VA 23452
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NMLS # 136526

State License #NC-I-228200, VA-MLO-37131VA