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John Palumbo headshot

John Palumbo

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 169369

Market Update

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November 22, 2024

Mortgage Rates Holding at Elevated Levels – Could Inflation...

Bond yields have been hovering around 4.50% recently, but tensions with Russia seem to be keeping them from rising further. Since mortgage rates often move in the same direction as bond yields, this stability has helped keep recent rate increases in...

John Palumbo headshot
John Palumbo
Team Lead Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
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NMLS # 169369

State License #AL-86049, AZ-1033396, CA-DBO169369, CO-100535396, CT-LO-169369, DE-MLO-169369, FL-LO84, GA-169369, IA-52580, IN-58975, KY-MC829598, MA-MLO169369, ME, MD-169369, MI-169369, MO-169369, NH, NJ-9941589, NY Licensed Mortgage Banker-NYS Department of Financial Services, NC-l-205970, OH-MLO-OH.169369, PA-26661, SC-MLO-169369, TN-169369, TX, VT-MLO-169369, VA-MLO-62051VA, WV- LO-169369