Mortgage rates had to endure some paradoxical momentum and delayed reaction to the broader bond market rally lately, but now, it's payback time!   Not only have mortgagees been able to move lower over the past 4 days, but they've done so even as Treasury yields remained flat.  More simply put, 10yr Treasury yields ended the day just over 1.45% on  last Wednesday.  Today's comparable closing level of 1.46%.  Mortgage rates, on the other hand, are down 0.08-0.11% over the same time frame, depending on the lender.  While it's not a massive improvement versus Friday's latest levels, today's average offering is nonetheless the best in 3 years.