Typically end of the year they do rise a little bit, but that was not the case in 2008, as interest rates continued to fall (albeit slowly) for a good period of time (from October 2008 until late May 2009). They spiked up end of May like I mentioned but they have gradually been coming down since - so while they might be "up" from a specific day to another specific day, the gradual trend is downwards right now. Mortgage rates are dependant upon mortgage backed securities (MBS) prices, MBS are a financial investment product that is traded, much like treasury bonds and stocks. When investors are buying MBS more than investors are selling MBS, this creates a MBS price increase, and inversely decreases mortgage interest rates.
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