http://confoundedinterest.wordpress.com/2013/06/05/whoopsie-mortgage-applications-dive-11-5-as-rates-surge-and-adp-employment-misses/
YTD the 10 year is up .30%. That might not seem much, but when people are addicted to cheap money (ie. low interest rates), it's very easy to think this is the norm. In my lifetime, this might be the lowest rates ever. If it wasn't for our own government keeping rates artificially low (eg bond buying), interest rates would be higher.
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