05/22/2026
Market Update: Bond yields continue climbing as inflation concerns and rising oil prices keep pressure on the markets. The 10-year Treasury is now sitting at 4.67%, while pending home sales showed stronger-than-expected growth despite higher mortgage rates.
As we head into the Memorial Day weekend, remember markets close early Friday at 2PM ET and will be closed Monday. Liquidity could be thinner, so timing matters when discussing rate locks.
Dara Ek
NMLS 1370729
Equal Housing Opportunity
206.307.1859
homeloansbydara.com