Why is the mortgage rates going up so high and so fast?

If Obamas stimulus pacakge gave so much $ to the banks and the banks wants to loan the money so the economy can recover from the recession, then why is the mortgage rates going up so high and so fast? This make people less attracted to purchasing a new home. Im from so cal and with the $8K rebate, its nothing... show more If Obamas stimulus pacakge gave so much $ to the banks and the banks wants to loan the money so the economy can recover from the recession, then why is the mortgage rates going up so high and so fast? This make people less attracted to purchasing a new home. Im from so cal and with the $8K rebate, its nothing since the median home prices are $450K & up
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