From Matthew Graham at Mortgage News Daily: Mortgage Rates Highest in More Than 3 Weeks



Mortgage rates continued higher to start the week, following a relatively sharp increase on Friday. … This brings the average lender to the highest levels seen since before the Fed's rate-friendly announcement back on March 20th. [30YR FIXED - 4.25%]

emphasis added

Tuesday:• At 9:15 AM, The Fed will releasefor March. The consensus is for a 0.3% increase in Industrial Production, and for Capacity Utilization to increase to 79.2%.• At 10:00 AM, The April. The consensus is for a reading of 63, up from 62. Any number above 50 indicates that more builders view sales conditions as good than poor.