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Mortgage rates which are not tied to the Fed funds rate are signaling for future US economic growth.  Mortgage rates fluctuate daily depending on sentiment on how the US economy will be in the future, unlike short term rates that are fixed by the Fed.  As the economy gets worse, the mortgage rates drop, while currently the rates have increased with bullish predictions for the 6 months to a year in the future.  Current 30-Year rates are around 6.3%, where they were only 6.06% last week and below 6% two weeks ago.

The Dow continues to rise as it has for the past couple weeks.  Posting a huge 3.19% gain yesterday.  While 30 Year Mortgage rates have started increasing again.  Average 30 Year rates are currently 5.75% up from 5.72% last week and 15 Year rates are currently 5.29% up from 5.22% last week.  Mortgage rates while up lately are still around historic lows.