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Tim Kennedy

Tim Kennedy

Retirement Mortgage Professional
Movement Mortgage
NMLS ID # 26323

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...