The Federal Reserve has no intention of raising interest rates in the near future. The two economic factors to worry about are inflation, which has remained very low, and unemployment. Tax relief for middle class workers, a living minimum age based on the cost of living in individual states, quality education and affordable college and a more progressive tax rate will all improve employment and increase demand which will increase GDP. Inflation will be the primary concern.
One of many was mortgage bankers assoc of Georgia, they study it more than me, I was just passing it on. Re your Fed Reserve comment, I dally in that world and I can assure you that mtg rates are not connect to the Federal Rate, that is another animal. Fed rates can sit low,, which seems like they will, but mtg could go up, no effect.
Re inflation, all this stuff is easily gogable, nothing to banter about, we can just watch it, ...inflation, that is. When stimulus is unleashed, there naturally would be inflation. Maybe the bankers will see THAT as a reason mtg rates go up. Dont ask ole Joe to predict in this category, bet your instincts. All I am really saying is dont just roll along like we have for years, things are about to sparkle, keep your eye on the sparrow. But nobody asked me!!!! 😕