Mortgage Rates Moving Higher Today On Inflation Worries

This morning, three economic data points are pointing to stability in the economy. However, while the data doesn't disprove an inflationary market, it's not showing enough of a slowdown to calm fears of it. It's kind of like my backyard. I can't see the weeds, but I know that they're there. I turn my back for just one weekend and -- thwapp! -- there they are. The Producer Price Index registered a 0.3% increase, beating the expectations of a 0.2%...

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[Source: The Mortgage Reports Blog]