Fixed mortgage rates are even with yesterday.
Mortgage Backed Bonds are trading about even on the day but have come off earlier highs already. Technically, bonds are pressed up against a ceiling of resistance at the 50 and 25 day moving averages after some gains in the last couple trading days. For current transactions, I am going to recommend locking in these small gains in case bonds bounce off these ceilings in the coming days.
Current Outlook: Locking