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Michael Rocco

Michael Rocco

Branch Leader
Movement Mortgage
NMLS ID # 1281719

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...

Michael Rocco
Michael Rocco
Branch Leader
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205 Archway Ct, Lynchburg, VA 24502
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NMLS # 1281719

State License #NC - I-212223, VA - MLO-23769VA