Mortgage Rates, Gas Prices on the Move
One of the signs that’s something afoot in the financial markets — as it is now — is that interest rates re-set several times in one day.
(More typically, they re-set every few days.)
Although the increments have all been small, that’s been happening all week in the credit markets.
Think of the re-sets — all up, by the way — as a series of 2.0 and 3.0 seismic (financial) tremors.
Meanwhile, local gas prices, which had been unchanged seemingly for weeks locally at around $2.89 a gallon, suddenly rose twice in the last two days to $3 (or more).
