Mortgage rates have gone up over the past week or so (6.125% for conforming loans <$417k; 6.25% for jumbo conforming<$729K; and 6.875% for non-conforming >$729K) due to some positive reports on the economy as well as by comments by Bernake asserting the 2nd half of 2008 the US will show economic growth and that no further prime rate cuts will be necessary.  However, as of the first week of June, 2008 we are seeing the rates come back to previous levels based on technical bond trading.  The main thing to note is rates are currently moving back down from the highs of early last week.