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Michael Davis

Michael Davis

Loan Officer
Movement Mortgage
NMLS ID # 1855056

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...

Michael Davis
Michael Davis
Loan Officer
Wondering how much home you can afford? Let’s talk about your next move!
550 Westcott St, Ste 460, Houston, TX 77007
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NMLS # 1855056

State License #TX