Mortgage Rate for 30-Year U.S. Loans Rises to 4.23% + Near Record Low

[mEDITate-OR:
not understand why, if rates are slightly higher...
mortg apps, both refi & purchase, are also higher.

Unless, you, too, are trying to catch these rates while they last.
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Mortgage Rate for 30-Year U.S. Loans Rises to 4.23%
http://www.bloomberg.com/news/2010-10-28/mortgage-rate-for-30-year-u-s-loans-rises-to-4-23-update1-.html
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Mortgage Rates Rise To 4.23 Pct., Near Record Low
http://www.npr.org/templates/story/story.php?storyId=130884484
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