Expect 30-year rates to hover near 6.4% for most of the year.
The secret? They track the 10-year Treasury yield + a 2.09% bank fee spread.
Waiting for 5% may backfire—inventory’s tight, demand’s sticky, prices reset not crash.
Smart buyers lock 30-year flexibility, overpay principal, then refi if rates slip.
Real relief needs unemployment over 4.5% + 10-year yield under 4%.