Mortgage rates did improve today, but the Treasury Department will announce the terms of next week's government debt auctions at 11am tomorrow. The Treasury will sell 2 year notes, 5 year notes, and 7 year notes. New supply of debt on the market can pressure interest rates higher. With rates holding near the lowest levels of the year, I continue to favor locking loans closing and funding in the next 30 days. Even if benchmark Treasury yields do rally in the next few days, mortgage rates will find it difficult to move much lower....