Mortgage rate levels could climb to the highest level since the recession of the 1990s, financial experts warn.

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Mortgage rates may hit 14pc within two years

Mortgage securities with U.S.-backed guarantees climbed to a record for a second day even as prices of benchmark Treasuries fell, pushing yields on 10-year government notes to the highest since July 15.

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Agency Mortgage-Bond Prices Climb to Record Highs, Defying Treasury Slump

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Mortgage REITs offer some of the highest yields on Wall Street.

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Pros’ Favorite Mortgage REITs Yield 6.5% Or More

Washington Post Mortgage refinancing jumps to highest in a year Bizjournals.com The number of applications to refinance an existing mortgage jumped to the highest level in more than a year last week, even as home sales slow, … Mortgage Applications in US Rise 6.7% as Homeowners Move to Refinance Bloomberg Mortgage applications rise 7 pct. as rates fall The Associated Press Refi demand drives up mortgage applications msnbc.com BBC News

An index of mortgage applications in the U.S. rose last week to the highest level since October as more Americans took advantage of lower interest rates and refinanced.

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Mortgage Applications Index Increased 6.7% Last Week Amid Decline in Rates

U.S. MBA Mortgage Applications Index Increased 6.7% Last Week Bloomberg An index of mortgage applications in the US rose last week to the highest level since October as more Americans took …

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U.S. MBA Mortgage Applications Index Increased 6.7% Last Week – Bloomberg

Mortgage Master, a high-profile, fast-growing Walpole company, will have to pay $585,000 to the Division of Banks for a host of regulatory violations, one of the highest fines for a local mortgage company in recent history.

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Mortgage Master Hit With $585,000 In Fines

June 16 (Bloomberg) — An index of mortgage applications in the U.S. jumped 18 percent as refinancing rose to the highest level in a year and purchases increased for the first time in six weeks.

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MBA Mortgage Applications Index in U.S. Increased 18% Last Week

MBA Mortgage Applications Index in U.S. Increased 18% Last Week San Francisco Chronicle June 16 (Bloomberg) — An index of mortgage applications in the US jumped 18 percent as refinancing rose to the highest level in a year and purchases …

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MBA Mortgage Applications Index in U.S. Increased 18% Last Week – San Francisco Chronicle