"Mortgage rates continued to rise alongside hotter-than-expected inflation numbers this week, exceeding 6 percent for the first time since late 2008."

Sam Khater, Freddie Mac's chief economist believes stubbornly high inflation is pushing rates up and the 10-year Treasury yield moved higher last week as markets prepared for further monetary tightening by the Fed, as reported in CNN.com’s story “Mortgage Rates Top 6% for the First Time Since 2008.”