Mortgage rates experienced some volatility this week, opening with a decline and then climbing throughout the week. The Senate Banking, Housing, and Urban Affairs Committee approved Dr. Ben Carson’s nomination for the Secretary of the Department of Housing and Urban Development. The next step in his proceedings will be facing the entire Senate vote. On Wednesday, the Dow Jones Industrial Average broke 20,000 for the first time ever. Important housing reports that were released this week include existing home sales, new home sales, and the Federal Housing Finance Agency House Price Index.