Mortgage rates rise to a 20-month peak
Mortgage rates climbed to a 20-month high this week, following the Federal Reserve’s tilt towards a more hawkish monetary approach.
The 30-year fixed-mortgage rate averaged 3.22% for the week ended Thursday, vs. 3.11% last week and 2.65% a year earlier, according to Freddie Mac. The latest week’s level was the highest since May 2020.
Sam Khater, the mortgage agency’s chief economist, suggested that rates can be expected to increase, amid higher inflation and tight labor market. “The impact of higher rates on purchase demand remains modest so far given the current first-time homebuyer growth,” Khater said.
Fed minutes released Wednesday from its policy meeting last month indicated that inflationary pressures could propel policy rate hikes “sooner or at a faster pace than participants had earlier anticipated.”
MORT in upward trend: price rose above 50-day moving average on June 03, 2025
MORT moved above its 50-day moving average on June 03, 2025 date and that indicates a change from a downward trend to an upward trend. In of 45 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 30, 2025. You may want to consider a long position or call options on MORT as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MORT just turned positive on June 24, 2025. Looking at past instances where MORT's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for MORT crossed bullishly above the 50-day moving average on June 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MORT advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 272 cases where MORT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MORT moved out of overbought territory on July 11, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MORT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MORT broke above its upper Bollinger Band on July 01, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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