Monday, Mar 22, 2010

Technical Analysis - US Mortgage Rates Headed Higher

Elliott Wave International: Mortgage Rates Headed Higher

EWI recons the bottom is in for US mortgage rates based on their technical analysis of "wave counts". Can hardly go lower I suppose! They are predicting a 4% increase as the next target.

Posted by mountain goat @ 02:06 PM (570 views) Add Comment

2 Comments

1. mountain goat said...

I couldn't find historical UK mortgage rate records going that far back. But this is the best I found going back to 1990. Looks fairly similar to the US situation, as you might expect.



http://www.whatprice.co.uk/financial/base-rates.html

Monday, March 22, 2010 02:08PM Report Comment
 

2. mountain goat said...

Chart above stops at 2005

Monday, March 22, 2010 02:10PM Report Comment
 

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