Mortgage rates may continue upward trend, Patrick Karim warns

Mortgage rates may continue upward trend, Patrick Karim warns
Mortgage rates may rise even higher

Patrick Karim, technical analyst at Technical Traders Ltd, raises concerns about rising mortgage rates.

He suggests that homeowners may see rates climb much higher than current levels.

Karim previously forecast silver to surpass $800 and crude oil to exceed $400 per barrel as long-term price targets. He has also observed that Bitcoin remains within a gold-defined dome pattern, showing continued constraints for the cryptocurrency. Karim’s views span commodities, digital assets, and housing finance.

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