Gotcha but I think they stay low for a while. I think the Fed is gonna let inflation run and not let rates go to the equilibrium point they should. I think there is still a debt hangover from the 04-06 bubble and they know behind the scenes there’s work still to be done to clean that up. So I say inflationary economy left running with continuing low rates from a historical perspective. Not 2% mortgages but I don’t see rates getting to the 5’s in my lifetime
