When interest rates go up, many analysts start to worry about recessions. That’s not wrong to do, after all Federal
Reserve rate cycles are important. Lately, the market has settled on expectations for a total of about 2.25% or more of interest rate
hikes this year. The result is a jump in many longer-term yields. The 10-year Treasury yield is 2.77%, while the typical 30-year
mortgage has climbed from 3.2% in December, according to Bankrate.com, to 5.1% recently.