Conforming 30 YR fixed rates

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Conforming 30 YR fixed rates were 5.50 at par last week for a day or so, then 5.625, then 5.75..
Today they were 5.875%.

It was a huge move in a week.

Although the 10 YR isn’t a direct relation to 30 YR mortgage rates, it’s an indication.

Qualifying for those rates today is a different story.