Mortage Rates the lowest for the month today.

Mortgage Bonds are looking and feeling pretty good right now, moving higher in response to continued selling pressure in Stocks.  In fact, just over the past week the Dow has lost about 500 points, with Bonds gaining close to 100 bps.

I recommend that you float into better rates on Monday.  Today the Dow closed down 366.94 or 2.6%.  This is a huge drop and rates should be great on Monday.