Housing demand still positive, but for how long with rising rates?

10-year yield and mortgage rates

In the 2026 HousingWire forecast, I anticipated the following ranges:

• Mortgage rates between 5.75% and 6.75%
• The 10-year yield fluctuating between 3.80% and 4.60%

Well, we had a good thing going; even early in the Iran conflict, the 10-year yield and mortgage rates were fairly calm, with good mortgage spreads. That has gone away; rates not only…