joec- Fed funds rate has been at 0% since, what, 2009? Yet the 30-year has fluctuated between 3.5% and 5.2% during that period. 5.5 to 6% is easily possible with a 0.5 to 1.0% Fed funds rate.

FlyerInHI- exactly my point. SD real estate could be affected by any change in policy more than property in cheaper areas.