Mortgage Rates Continue To Rise

Mortgage Rates Continue To Rise

Headwind.  The national average for a 30yr. fixed rate mortgage has reached 4.69%, highest level since Q1 of 2011: Another headwind, rising prices at the pump.  The USO(United States Oil Fund) is up 22% from its summer lows: Bankrate.com chart courtesy of...
Crude Crushed

Crude Crushed

Crude(USO/United States Oil Fund)is ending the week with a ugly breakdown.  The index has been under pressure since reaching new 2018 highs early Tuesday.  The downside reversal since has driven the index well below initial support near the April high.  The rising...