A wild weekend spilled over into today.  Many of you showed up with great rate improvements and if you are deciding to float or lock today, I say float into tomorrow AM IF you haven't had a mid day (today 3/17) price change.  With a strong showing on MBS's and the decline in 10yr Note yield  it looks to improve overnight.  You will likely be able to get an .125 better or more for your clients! 

For those of you that have already had mid-day price changes for the better I say flip a coin, but I always error on the side of caution.  I am locking a 30yr for 5.5 right now and a 15yr @ 4.75 both are a shade over PAR.  Remember you are gambling to someone else's money.

Have a great weekend!