What are the mortgage rate predictions for the next 5 years?

Mortgage rates have dropped by a half-point over the last year, according to Freddie Mac. However, those looking to buy a house or refinance in the next few years may wonder where rates are headed in the long term. Mortgage interest rates are determined by several factors, with the 10-year Treasury yield being a primary one. At Yahoo Finance, we’ve designed a five-year mortgage rate forecast, built on a 10-year yield correlation, that provides some insight. Mortgage rates are tuned to the government bon ...