Rates are up .25% in the past three weeks, and this chart offers perspective. It uses Freddie Mac data that’s the source for weekly rate headlines. The October 2011 bar is a month-to-date average through today. Below the chart is a required reading list for rate watchers.
–Mortgage Rate Chart 1971-2011
–Rate Headlines vs. Reality
–How To Shop For A Mortgage
–WeeklyBasis Rate Recap/Outlook
–Chart’s data source: Freddie Mac PMMS