More years of pain

Mortgage rates

November forecast

March forecast

5

%

4

3

November forecast

March forecast

5

%

4

3

2

2014

2016

2018

2020

2022

2024

2026

2028

November forecast

March forecast

5

%

4

3

2

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2024

2025

2026

2027

2028

2023

November forecast

March forecast

5

%

4

3

2

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2024

2025

2026

2027

2028

2023

SOURCE: OBR