FMac mortgage rates = the average 30-year fixed mortgage rate jumped to 4.69 percent + Increase to Highest Since May + follow Treasury yields higher

[mEDITate-OR:
not know that prices for 10yr TBills collapsed last week...
which drove mortgage interest rates up
and will do so next week too
but, this week TBills prices were up yesterday
and down today, possibly bcuz of the ADP and new jobless claims reports
Tomorrow, is another day.
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Mortgage rates jump, but will an upward trend develop?
The latest data show that the average 30-year fixed mortgage rate jumped to 4.69 percent
http://www.csmonitor.com/Business/Paper-Economy/2011/0707/Mortgage-rates-jump-but-will-an-upward-trend-develop
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Mortgage rates follow Treasury yields higher
http://www.housingwire.com/2011/07/07/mortgage-rates-follow-treasury-yields-higher
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