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Fasika Lemma headshot

Fasika Lemma

Branch Leader
Movement Mortgage
NMLS ID # 984389
2451 W. Grapevine Mills Circle Suite106, Grapevine, TX 76051
Dial Phone Number
p: (616) 389-7318
Send E-mail to
e: fasika.lemma@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...

Fasika Lemma headshot
Fasika Lemma
Branch Leader