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Giovanni Cervantes

Giovanni Cervantes

Loan Officer
Movement Mortgage
NMLS ID # 1964540

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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Giovanni Cervantes
Giovanni Cervantes
Loan Officer
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15221 Maple Valley Hwy, Ste 400, Renton, WA 98058
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NMLS # 1964540

State License #AZ-1030762, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI1964540, ID-MLO-2081964540, WA-MLO-1964540