Zillow 2019 forecast: Rising mortgage rates will drive resurgence in rents

Newly released data from the Mortgage Bankers Association shows that 30-year mortgage rates are now firmly above 5%, and according to real estate giant Zillow, things are likely to stay that way in 2019. And that’s good news for landlords, who will see increased demand for rentals as some people are priced out of home buying by higher interest rates.