As you have been noticing the last three weeks, mortgage rates have been trickling back down toward where they were during the month of October.  Mortgage Bonds started selling off after the October Fed meeting, causing interest rates to tick upward.  Since November 12th however, mortgage pricing has been clawing its way back upward…until today, when they lost almost all of those gains in the last two hours. Our illustrious head of the Fed is the culprit behind the selloff.  In her testimony to the Congressional Joint Economic Committee, she indicated that the labor market is strengthening and the economy as a whole is nearing the Fed’s target.  Perhaps Ms. Yellen is privy to inside information; the official Jobs Report will be released in less than 24 hours.