average rate for a 30-year fixed mortgage going to 4.46%. it s the biggest one week increase since 1987. still it s historically low. but we had to ask questions about this. ben stein, an author and economist. the author of how to ruin your life and portfolio. what do you make of this move in mortgages. is it something to be concerned about? a good sign? i see it as a very good sign. we have had mortgage rates as at astonishing low rates. it s been a fixed price system. it s been held down so long the mortgage market has become a joke of being too low. now the rates are normal amounts. they will go higher no question. we can have a very, very much higher interest rate for this