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30-Year Mortgage Rates increase to 5.85%
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30-Year Mortgage Rates increase to 5.85%

Goldman: "The median monthly payment of a 30-year mortgage is up 56% year-over-year"

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jun 10, 2022
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30-Year Mortgage Rates increase to 5.85%
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In April, I wrote: How High will Mortgage Rates Rise? In that post, I included a simple method for estimating 30-year mortgage rates based on the 10-year Treasury yield.

Housing economist Tom Lawler explained that the relationship is more complicated in Lawler: Mortgage/Treasury Spreads, Part I and Lawler: Mortgage/Treasury Spreads Part II: “Decomposing…

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