1. Talking about dow points rather than sp500 percentage change is a bad look.
2. Conventional mortgage rates are behaving strangely lately. They did indeed rise 0.5 even while jumbo and treasuries only went up 0.10 and .15 from recent lows. Their blowout way above jumbo rates is back to about 0.9.
3. I predict conventional rates will trend back towards normal spreads soon.
