All of the above meant that bond markets would have to have an amazing night in Europe and Asia if rates were to do anything other than move higher today.  And that's exactly what happened (the amazing night in Europe and Asia).  While this doesn't mean we're out of the woods in terms volatility going forward, it does mean we caught a friendly break.  When such breaks occur near the lowest rates in months, it's a good sign.  It suggests rates have a fighting chance to remain in this territory.  The biggest wild card will be the stock market's performance in the first week of January.  If it bounces in an even bigger way, mortgage rates could be pulled (higher) along for the ride.

Mortgage News Daily: Today's Mortgage Rates

ProductTodayYesterdayChange52 Week   LowHigh

30 Yr FRM4.64%4.65%-0.014.04%5.05%
15 Yr FRM4.20%4.21%-0.013.37%4.53%
FHA 30 Year Fixed4.23%4.24%-0.013.75%4.62%
Jumbo 30 Year Fixed4.40%4.41%-0.014.19%4.81%
5/1 Yr ARM4.60%4.61%-0.013.20%4.75%

100 Top Real Estate Markets Medium Values 12 months 2018/2017