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Parker Rockett Borofsky

Parker Rockett Borofsky

Branch Leader
Movement Mortgage
NMLS ID # 1460526

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...

Parker Rockett Borofsky
Parker Rockett Borofsky
Branch Leader
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114 Lovell Rd. Suite 102, Knoxville, TN 37934
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NMLS # 1460526

State License #AL-72467, AZ-1030450, AR-129202, CA-DFPI1460526 - CA DFPI under the California Residential Mortgage Lending Act, CO-100528795, CT-LO-1460526, DE-MLO-1460526, FL-LO63821, GA-51176, HI-1460526, IA-51426, IN-DFI-62929, IL-031.0076713, KS-LO.0050131, KY-MC794330, LA, MA-MLO1460526, MD, ME, MI-1460526, MN-MLO-1460526, MO-1460526, MS-1460526, MT-1460526, NC-I-169571, NH, NJ-1460526 - licensed by the N.J. Department of Banking and Insurance, NM, NV-81077, OH-OH.1460526, OK-MLO27083, OR, PA-97935, SC-BFI-MLO-1460526, SD-1460526.MLO, TN-128519, TX-SML, VA-MLO-63293VA, VT-MLO-1460526, WA-MLO-1460526, WI-1460526, WV-LO-1460526, WY-103845