20170128 Making the Rust Belt Rustier
Still, interest rates have already risen in anticipation of the borrowing surge, and so has the dollar.
Since the turn of the year, mortgage rates have dipped. Redfin forecasts rates won’t average above 4.3% for 2017, in large part because the government is a major investor in the mortgage space.
The forces that rejuvenated the stock market late last year have changed the profile of the fixed-income market.