Mohtalim

They're up more than .5% to over 4.5% in just a week and up a full 1% from last month or even early this month. That's going to put a damper on refi's, the housing market and the economy pretty fast

http://www.cnbc.com/id/100845777

I really hope the trend towards 5/1 ARM's is not true or we'll be back in another housing crisis in about 6-8 years.

Lies. It will only stir up the market further as people try to lock in before rates get back up to 17% like when our parents were buying!