mortgage for 3%. those days are gone. it's adjusting to the new reality where rates are backing up and not staying lou that has a lot of people flummoxed. the ten-year yield has been backing up to the degree it has and this has sped up the last few trading weeks. it has people unsure where it goes. remember, it means the cost of carrying your debt will get more pricier. a lot of debt, more pricy. if you're the united states government and you have 21, 22 trillion in debt, a lot more pricy. connell mcshane on how all of this is going down with folks. >> it's the direction to your point rather than the overall rate. so it's really nothing from a historical perspective. there is this trend in this widespread employment that we have entered a time when rates will be going up, not down. a new normal. the 4.32%. nothing compared to the 80s. that is the average rate. it came in from freddie mac up