Mortgage rates tend to follow the same path as long-term bonds. When yields go up, interest rates tend to also go up.
Mortgage Interest Rate forecast for September 2020. Maximum interest rate 3.77%, minimum 3.55%. The average for the month 3.67%. The 30 Year Mortgage Rate forecast at the end of the month 3.66%. 30 Year Mortgage Rate forecast for October 2020. maximum interest rate 3.83%, minimum 3.61%. The average for the month 3.71%.