Mortgage Rates Rise Sharply on Inflation Fears, G20 Pressure

After several months of stability at very high pricing levels, the floor dropped out from under mortgage pricing last week. Mortgage prices fell 175 basis points, or 1.75 points last week, as traders headed for the exits.

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Mortgage Rates Rise Sharply on Inflation Fears, G20 Pressure

• Mortgage Rates Rise Sharply on Inflation Fears, G20 Pressure
  After several months of stability at very high pricing levels, the floor dropped out from under mortgage pricing last week. Mortgage prices fell 175 basis points, or 1.75 points last week, as traders headed for the exits. Treasury prices were also under a lot of pressure, with the benchmark 10-year yield rose 20 basis points,..


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