That’s it, that’s my forecast; housing markets will be active and interest rates will trend higher. I get asked about what direction interest rates are headed and where they will be in the future. I get asked what I think housing market activity will be and how strong the economy will look in 2017. Mortgage interest rates do not drive or impede housing market activity. At this writing, 10-year Treasury yields are trading slightly above 2.4% and mortgage interest rates are hovering around 4.25%.
Source: Forbes February 07, 2017 18:33 UTC