Mortgage rates zig while the 10-year bond zags
The ten-year bond fell 4 basis points and mortgage rates rose 3 basis points to 3.84%. The MBA Mortgage Bankers Index jumped substantially twice in a row.
Bankrate: Streak of Lower Mortgage Rates Ends
NEW YORK, Dec. 24, 2014 /PRNewswire/ — Mortgage rates rose for the first time in seven weeks, according to Bankrate.com's (NYSE: RATE) weekly national survey. The benchmark 30-year fixed mortgage rate …