A low rate on the 10-year Treasury note means there is high demand for it. As yields on the 10-year Treasury note rises, so do the interest rates on 10-15-year loans, such as the 15-year fixed-rate mortgages. In the short term, as interest rates remain low, home buying should become less expensive and demand should rise. As the real estate market strengthens, it positively effects the economy and potentially increases GDP growth. It is also perceived as an indicator of confidence in viability of the U.S. economy. While the Wall Street Journal bi-monthly economist survey projects the 10-year Treasury will rise modestly over the next three years to 3.5%, others in the financial industry (such as Jamie Dimon with JPMorgan-Chase) fear this rate could quickly eclipse the 4.0% barrier. This indicates less confidence in the economy than the previous quarter.