Learning Center · Updated 2025-01-15
Wilmington NC Mortgage Rate Update
A plain-English look at what's moving mortgage rates and what it means for Wilmington buyers right now.
TL;DR
Mortgage rates move daily with the bond market, not the Fed. David quotes live rates and locks strategically.
What drives rates
The 10-year Treasury and MBS market, not the Fed Funds rate directly.
Lock vs. float
Depends on closing timeline, your risk tolerance, and current market direction.
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Frequently asked questions
Don't see your question? Call David directly, most answers take 5 minutes.