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Thomas Spitko Headshot

Thomas Spitko

Senior Loan Officer | Branch Manager
Movement Mortgage
NMLS ID # 191513
230 Sugartown Rd. Suite 205, Wayne, PA 19087
Dial Phone Number
p: (484) 824-4489
o: (484) 770-8478
f: (484) 653-5970
Send E-mail to
e: thomas.spitko@movement.com

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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Thomas Spitko Headshot
Thomas Spitko
Senior Loan Officer | Branch Manager
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230 Sugartown Rd. Suite 205, Wayne, PA 19087
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NMLS # 191513

State License #FL-LO14001, NJ, PA-36739, MD-26-34544