Tithe Lending

Mortgage rates moved slightly lower this week as the U.S. 10-Year Treasury yield continued to trend downward. Despite ongoing geopolitical headlines from the Middle East, financial markets have remained surprisingly resilient. Investors appear to be placing greater emphasis on inflation data and the Federal Reserve’s next move than on overseas developments. Our team is here to diagnose your specific situation - start your next mortgage at tithelending.com!

Mortgage rates ended the week essentially unchanged as markets digested a relatively calm geopolitical backdrop and the first Federal Reserve meeting under new Chairman Kevin Warsh. Iran peace discussions have largely progressed as expected, helping keep financial markets stable. At the same time, Chairman Warsh’s first Federal Open Market Committee (FOMC) meeting resulted in no change to the benchmark federal funds rate, which remains at 3.50% to 3.75%. Don’t wonder how these larger macro headlines effect your personal situation. Contact any member of our team or start your inquiry at tithelending.com today!