UPDATE 1-Goldman expects U.S. mortgage rates to jump 150 bps by 2019
February 17, 2017 at 09:53 AM EST
NEW YORK, Feb 17 (Reuters) - Goldman Sachs analysts said on Friday they expected U.S. 30-year conventional mortgage rates to rise 150 basis points to about 5.5 percent by 2019, in step with an increase in benchmark Treasury yields and investors demanding higher compensation to own mortgage-backed securities.