As I typed the first post this morning, I warned of bond prices dropping and recommended a lock.  Most lenders have now repriced, and the price curve on bonds seems to have hit a floor and has been trending back upward.

We're back up near today's open levels.  Now that the reprices are in, I do not expect any further reprices for the worse today considering the upward trend in prices currently.  Remember, prices up = rates down.

It is possible if the trend maintains, that we will recapture the .125 to .25 in YSP that you may have lost this morning.  

Until further notice, it seems safe to float.