Mortgage rates spent this week slowly recovering from a healthy losing streak. If you were floating two weeks ago, when mortgage rates started this losing streak, and are still floating today, you should re-evaluate your position. How close is your current rate quote to what was being offered two weeks ago? Are your overall borrowing costs higher? How much higher? These are thoughts your originator should be able to discuss with you. If your costs are acceptable and you are within 30 days of closing, it makes sense to consider locking. For potential and pending homeowners, we still believe there is room for the recent rates correction to continue. With that in mind, I find conditions favorable enough to warrant floating over the weekend. ...