When will mortgage interest rates go up?

This is the question of the day... To make a prediction you must first understand our current economic situation, then look to what makes mortgages fluctuate and why.
Current Economic: Situation	United States has been printing money Printing US $ = US $ value decreases Commodities (wheat, cotton, lumber, oil) are traded in US $ US $ Value decreased = Price for commodities increases When the cost of purchasing commodities increases people have less to spend, therefore slowing our economy Spending decreases = Government decreases rates to stimulate spending
Why are rates so low?	Right now everyone thinks the sky is falling because of negative messages in the media. Fear in market place = People looking for safe investments (bonds) The more people buying bonds drives the bond yields down $ Out of stock markets > $ Safe bond investments > Bond yields decrease and mortgage rates decrease ** Important note: Fixed mortgage rates follow bond yields **
When will rates change?	When people start to realize the amazing opportunity in our market S & P 500 returned 3.71% over last 10 years in total Based on the average house price in Canada, over the same 10 year period; real estate went up 232% House prices are low, and people are starting to see the value in investing in a tangible asset (real estate) $ Out of bond market > $ Into real estate > Bond yields increase and mortgage rates increase