Will US mortgage rates on 10/27 be higher than they were on 9/1 (5.66%)?
14
4
220
resolved Oct 29
Resolved
YES

Resolves YES if the US average 30-year fixed rate mortgage reported on https://www.freddiemac.com/pmms for 10/27 is strictly greater than 5.66%, the value on 9/1. Resolves NO if it is <= 5.66%.

Sep 19, 2:44pm: Will US mortgage rates in late October be higher than they were on 9/1 (5.66%)? → Will US mortgage rates on 10/27 be higher than they were on 9/1 (5.66%)?

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predicted YES

10/27 is at 7.08%

bought Ṁ1,500 of YES

Mortgage rates have been climbing over the last month, now up to 6.94%. The weekly averages from FreddieMac look a lot more slow-and-steady than the reality which was extraordinarily volatile - see e.g. https://fred.stlouisfed.org/series/MORTGAGE30US or https://www.mortgagenewsdaily.com/mortgage-rates/mnd. But still extremely unlikely to drop a full percentage point in a week.

predicted YES

Interest rates have gone up to 6.02% now. Created another market on whether they'll be above 6% at end of October: