Mortgage Rates Topped outUnless we get one more up for a double top, mortgage rates have topped out after breaking bearish rising wedge structure.
Note topped out does not mean it will collapse. it will take time for rates to drop further.
About 30-Year Fixed Rate Mortgage Average in the United States
Mortgage Rates have fallen & at major supportGood Morning!
It certainly makes sense for #mortgagerates to follow the bond counterparts & go lower
The monthly chart shows the RSI weakening as it chugged higher.
LONG term, the 3rd chart, we see that rates overcame a STRONG RESISTANCE area & long downtrend, white line. We will soon see if it'l
30-Year Fixed Rate Mortgage Moving Higher 9% (1M)30-Year Fixed Rate Mortgage Monthly
Well I guess I'm glad my mother-in-law's basement isn't a total dungeon.. What's sunlight? I'm familiar with grass because that's eye level when I'm looking out our window. Big brother JP, the head of the Fed, says rates aren't going anywhere any time soon, and
US Mortgage Rate v Fed Funds RateSome slight research into the relation between US 30Y Mortgage and Fed Funds rate
Tim's Guess for Mortgage Rates for 2023I thought I would publish this "guess" for the sheer entertainment value to show the dramatic increase in mortgage rates and to put in perspective the damage that has likely been done to the purchasing power of home buyers.
The Fed has engineered an attempt to shut down an excessive spending to coo
MORTGAGE RATES VS FED RATE and 10 YRComparison of the mortgage, fed and 10 yr rates to determine correlation.
Mortgage rates follow Fed funds rate There was a question about the correlation of Fed rate to mortgage rates. This chart should make it clear.
Is it the right time buy a house? Since Fed's tapering began in the end of 2021, mortgage figures have been in a mark up phase. There is still no indication of a correction. As a result of it, housing prices may not find support for new high levels. Monthly price changes in the negative territory are supporting this idea in the last
ROAD MAP FOR WHAT IS AHEAD DATA 120 YRS I am posting so you get the clear picture of what is ahead and just started . remember I stated HOPE well she is a girl in the lifeboat who just used the last of the fresh drinking water to wash her hair !! I stand by my work and DATA to back it up all 120 years of it !!!!
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