• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Forex Brokers
  • Best Forex Robots
  • Best Forex Signals
  • Best Managed Accounts

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

US Mortgage Rates Up for First Time in Three Weeks

March 11, 2022 by Forex Winner Leave a Comment

US Mortgage Rates Up for First Time in Three Weeks

Source: Bloomberg

US mortgage rates climbed amid the growth of prices and purchasing power weakening with the continued inflationary uptick, marking the first upward movement in three weeks. XHB is down 1.88%, while ITB is down 1.74%.

  • The average rate for the 30-year loan grew to 3.85% from 3.76% in the past week, according to Freddie Mac.
  • The housing market is set to enter its busiest season with a record-low supply of listing, likely to drive competition.
  • The increase also comes ahead of the anticipated hike in the benchmark interest rates of the Federal Reserve, making borrowing more expensive.
  • Mortgage rates are expected to climb even further in the long run, which uncertainties are likely in the market for the short term.

And here is a golden tip

Want to profit from forex news? These forex robots earned the best historical yields to investors. Check out Best Forex Robots

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

+ seventy six = eighty four

Primary Sidebar

Latest News

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

May 20, 2022

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

May 20, 2022

Great Britain Retail Sales Rebounds as Buying Activity Climbs

Great Britain Retail Sales Rebounds as Buying Activity Climbs

May 20, 2022

Best Forex Robots

  1. Happy Forex 8.0
  2. Forex Fury 7.7
  3. Promax Gold EA 6.8
  4. Gump EA 6.4
  5. Forex inControl Reborn 6.0

Footer

Forex Broker Reviews

simplefx

SimpleFX Review

December 19, 2019 By Forex Winner

nadex

Nadex Review

December 23, 2019 By Forex Winner

JAFX

JAFX Review

October 29, 2019 By Forex Winner

Forex Robot Reviews

Genius Asset Review

Genius Asset Review

May 19, 2022 By Forex Winner

My Forex Path Review

My Forex Path Review

May 12, 2022 By Forex Winner

Powerhouse EA

Powerhouse EA Review

April 29, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure