More bad news from the bond market and other economic data and it hits the mortgage interest rates hard for about the 3 straight week.  What a difference 3 weeks makes.  Interest rates went from about 5.875% for a 30 year mortgage to almost a whole 1% higher.  That makes a big difference on a $500,000 mortgage payment.  I always read Keri Shepherds Mortgage Newsletter to follow rates and the economic news that guides the rates.  If you are in the market for buying a place or refinancing, sign up for this free newsletter.  You can click Keri Shepherds Mortgage Newsletter and then click on the link in the upper right hand corner of the webpage to be added to the distribution list via email.  It is well worth reading to stay informed on where rates are headed.