“Money's daily mortgage rates reflect what a borrower with a 20% down payment and a 700 credit score — roughly the national average score — might pay if he or she applied for a home loan right now. Each day's rates are based on the average rate 8,000 lenders offered to applicants the previous business day.”
Mortgage Daily News is posting lagging numbers that will reflect the current situation somewhere down the road.
“Mortgage News Daily is a news and social media website serving the Mortgage, Real Estate Housing Industries. The website serves over 50,000 members, combining the housing industry with a social media platform.”
https://en-academic.com/dic.nsf/enwiki/11767164
I am afraid that their mission is causing them to sugarcoat the actual situation to try and delay the inevitable. But we will see,.. I hope that I am wrong.