Prediction of rising Mortgage Rate

In recent history, recent mortgage rates is lying at the bottom of the level. It will remain there till November (Federal election). After the election the rate will increase sharply. Home owners will contradict it, as they have observed an increase in interest rate, although its low. But since seventies the mortgage rates are low for a long period.

Some important reason behind this are like Inflation on the rise, Failing dollar value.

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