Rishing interest rate in 2018
Hi BP community, anyone noticing the 10 year US Treasury yield lately (tied to the mortgage interest rate)? It is now breaking above 2.5% and if prediction is correct it will rise further in 2018 (steepening yield curve).
What's your strategy with rising interest rate in 2018? Do you wait and see or you jump in now and beat any further increase? How will housing values hold up?