FRED:MORTGAGE30US   30-Year Fixed Rate Mortgage Average in the United States
Good 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'll hold that new support, white line.

#RealEstate #InterestRate

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