We've given up approximately 4 ticks in the past 10 minutes. This is not a sure sign of a reprice. Although lender that repriced for the worse early, then for the better later, may now want to go back to where they were this AM.

Given the outlook ahead, the most sensitive deals might be locked now if you hadn't locked them on the first alerts earlier in the week and have a closing coming up soon.

No guarantees between now and Jan 1st, so plan accordingly.

5.5's are up 5 ticks on the day at 99-24