both the dow and s&p 500 tanked yesterday. both in a correction. that is the technical term when the index dropped from a 10% recent high. the dow fell 1,033 points. second time in history it lost more than 1,000 points in a single day. the other time was monday. that move is not in the top 20 of percentage moves. that puts the dow and s&p 500 on track for the worse week since 2008. mostly because stocks have been going up. blame fears of soaring bond yields. it could force faster interest rate hikes. that threatens the bull market and on main street means higher interest rates. mortgage rates hit the highest level in two years. the benchmark 30-year rate is 4.32%. don't panic just yet, home buyers. i want to give you history. that is how it fits in the historic chart.