Nonfarm Payroll came in higher at 274K. Unemployment unchanged at 5.2%. Bonds are now at -1 02/32 and our market has lost about .40 basis points. Rates have to go up. Our housing market has been extremely strong for such a long time. It has to cool off. The prime is now 6%. How can our rates stay at 5.625%? Be careful and stay locked ahead of the upward movement in rates. Enjoy your weekend and lets see some locks!