With the economic expansion well underway, one big question remains: When will mortgage rates move toward 4% and higher?

Mortgage rates increased toward 3.25% in mid-February from the recent all-time lows of 2.625% at the start of the year, but then retracted to around 3.0% currently. The bond market in 2021 has been above 1.60% for a brief time, with a recent high of about 1.75%. These yields align with my AB (America is back) economic recovery model, which predicted that the 10-year yield should create a range from 1.33% to 1.60% in 2021.

I was very bullish details ⇒

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