Durable Orders came out at +5.5% BUT if you take out aircraft orders it was DOWN -.2. Not good for the economy. New Home Sales came out at 1298K which was the second highest ever but the median price dipped 6.5 %. Is there a cooling off of housing? We say YES & when rates go up it will be like cold bucket of water poured over a red hot fire! In the mean time enjoy the ride and lock those loans in! Be careful today. Bonds are at +13/32 but our market is now FLAT. We could have a wild ride today. Oil also went back over $60 . Lock early and stay happy. Remember our motto:"Lock as you go & count the cash flow"