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RealMacro

Mortgage Rates Topped out

Short
30-Year Fixed Rate Mortgage Average in the United States (FRED:MORTGAGE30US)  
RealMacro Updated   
FRED:MORTGAGE30US   30-Year Fixed Rate Mortgage Average in the United States
Trend Analysis Chart Patterns Fundamental Analysis
12
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trendanalysis chartpattern fundamental
Unless 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.
Comment:
BINGO!!
Comment:
Mortgage rates continue to fall as expected.

snapshot
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