Mortgage Rates Are on the Rise

The Fed has said it won't raise rates until late 20 22, still sothing to keep an eye on. The real question is how quickly rates will rise and what the impact will be on the housing market. With yields near historic lows, as well as the fed reducing stimulus and the ongoing issues with inflation, it seems likely that bond yields will continue to rise, all but relatively slowly. It's too early to tell what will happen in 20 23 and beyond - I think 20 enty two will be strong, but it's too soon to know for sure.