Mortgage rates were moderately higher today, taking most lenders into slightly higher territory than yesterday or last Tuesday (the two worst days recently).  Last Tuesday was the game-changer for rates, and every day since then has been in 14-month high territory--today being the worst. 

At this point, rates for the next few days will be heavily dependent on tomorrow morning's economic data, where the ADP Employment report has a tendency to cause volatile movement if it's far outside the range of expectations, even though Friday remains the most important day of the week (and one of the most important this year).  If both tomorrow and Friday are favorable for rates, we will likely recover a lot of lost ground, but if job creation is clearly stronger than expected, today's 14-month highs may look attractive by comparison.