By David Parks · eXp Realty · The Apollo Group · 2 min read
Mortgage rates are influenced by bond markets, inflation, economic growth, and investor demand for mortgage-backed securities. Your personal rate also depends on your credit, down payment, and loan type.
Mortgage rates tend to follow the yield on the 10-year U.S. Treasury. When investors expect higher inflation or stronger growth, yields and mortgage rates often rise. When they expect slower growth, rates often fall.
Lenders adjust rates based on market conditions, sometimes more than once a day. That is why a rate lock matters when you have a contract.
Don’t try to time the market perfectly. Instead, shop with several lenders, compare the Loan Estimate forms, and consider what monthly payment fits your budget. You can refinance later if rates fall and it makes financial sense.
This article is general information, not legal, tax, financial or inspection advice. Every home and situation is different, so confirm details with a licensed inspector, lender, attorney or tax professional.
David is a Greater Denver real estate advisor with eXp Realty and The Apollo Group (Colorado broker license FA100103211). He has closed more than $55 million in volume, earned eXp Icon status in 2025, and holds a 5.0 rating on Zillow from 27 verified reviews.
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