Bonds are now -8/32 and our market is off .1875. Did you get your locks in yesterday?Greenspan is scheduled to talk at 1:15 EDT. Traders are very worried about INFLATION and well they should be. The Feds will work hard to stop it and that means higher rates ahead. Do not get sucked in to the whirlpool of talk that the housing market is great and home prices will continue to go up. The real estate guru's would like everyone to believe it. It is a friendly reminder of the dot.com market. Buy anything and you can make money! Did you? Rising home prices are very inflationary and it will catch up with us. We can still do mortgages with rates in the 7's but it will certainly slow things down. Remember "Happiness is positive cash flow" Have a great weekend and lock before the speech and stay safe!