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Mortgage Rates Back In An Uptrend Trend On 30 Year-Fixed

30-Year Fixed Rate Mortgage Average in the United States (FRED:MORTGAGE30US)  
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FRED:MORTGAGE30US   30-Year Fixed Rate Mortgage Average in the United States
Fundamental Analysis Chart Patterns Trend Analysis mortgage realestate refinance purchase REFI interest rates 30year
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fundamental chartpattern trendanalysis mortgage realestate refinance purchase refi interest rates 30year
Historically in America the interest rate for a 30 year fixed has been in a multi-decade down trend. As of January 2021 the rate for a 30 year fixed dropped to a historical low of around 2.65% and has since reversed in trend. This year we can potentially see rates continue to rise up to 3.75% as we're in secondary uptrend on the line chart. Currently we're at around 3.45% up 30% from 2.65% we seen last year.
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