As we predicted, mortgage rates firmed up last week, marching upward from their record lows seen on December 1.
“As expected, mortgage rates edged higher [last] week. Some better economic news, some lingering glow from November’s employment report [on December 4], and light investor demand for new Treasury debt boosted [...]
An otherwise fine article from the Wall Street Journal starts with this headline:
"New York Fed Starts To Unwind Stimulus"
You might casually read that headline and assume that the Federal Open Market Committee was mighty impressed by the November employment report—and quick to respond with the first stages [...]
Here are a few more graphs based on the employment report ...
From the 
