When Will Mortgage Rates Finally Rise?

``By buying long term government bonds, the Feds are trying to move interest rates on mortgages and corporate loans even lower in an effort to help the economy grow at a quicker pace. As yields on Fannie Mae and Freddie Mac mortgage securities guide the U.S. mortgage rates, it is a possibility that mortgage rates will go even lower with the goal of increasing bank lending... Unfortunately, until the unemployment rate moves lower and consumer spending moves higher, the economy is destined to be at a standstill... Unemployment is keeping many people out of the mortgage arena while underwater home owners are finding it impossible to refinance.''