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How High will Mortgage Rates Rise?
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How High will Mortgage Rates Rise?

What is the impact of rate increases on affordability?

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Apr 13, 2022
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How High will Mortgage Rates Rise?
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A few mortgage rate topics:

  1. What are current rates?

  2. How high will mortgage rates rise?

  3. How do higher mortgage rates impact affordability?

What are current rates?

Mortgagenewsdaily.com reports current 30-year fixed mortgage rates are at 5.12% for top tier scenarios. The Mortgage Bankers Association’s (MBA) reported this morning that as of April 8th:

The ave…

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