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Drew Ferguson headshot

Drew Ferguson

Loan Officer
Movement Mortgage
NMLS ID # 1304174
8604 Cliff Cameron Dr, Ste 190, Charlotte, NC 28269
Dial Phone Number
p: (804) 291-6052
o: (980) 222-0771
f: (980) 244-2198
Send E-mail to
e: drew.ferguson@movement.com

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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Drew Ferguson headshot
Drew Ferguson
Loan Officer
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8604 Cliff Cameron Dr, Ste 190, Charlotte, NC 28269
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NMLS # 1304174

State License #IL-031.0065452, NC-I-164222, SC-MLO-1304174, VA-MLO-23324VA