Wait, so what exactly was the changes in rates? 5.5-6.5%? 6%-7%? I am just curious because I am NOT in the market to buy in the short term so dont check rates very often. I think that most of my information about rates comes from the littel ads on CNN.com and such when you click buisness or RE links. I dont take these serious, cause you and that guy who just won the lottery in BFE are the only ones who qualify for that rate, but it is interesting to see what they are saying.
Any ideas why rates are going up when everyone knows the FED is gonna cut next week?