Mortgage Rates Bounce Back Up Near Recent Highs
By: Mortgage News Daily | Published: 2026-03-05 20:02:00 | Source: www.mortgagenewsdaily.com
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Mortgage rates bounced back up today as the underlying bond market continued the selling trend seen on 3 out of 4 days so far this week. In the overnight hours, bond yields (which generally correlate with mortgage rates) moved higher in concert with rising oil prices.
That said, it would be a mistake to assume this is the only correlation in town. Oil prices continued to…

