How High Will Home Loan Rates Go?

This week the fed will purchase the last of its $1.25 trillion mortgage backed securities.  That cessation of purchasing combined with all the new Treasury auctions and ensuing debt should force interest rates on home mortgages higher.  We have had a pretty good run with the 30 year fixed conforming loan currently at 5.125% having been as low as 4.625 during the past couple years.  It will be interesting to see just how much rates will move.