The MBS market started the day down, but has since recovered and is not in positive territory. The stock market is down just a few points and with the upcoming Treasury auction everything could change. We see it everyday it seems like.
Greece's Prime Minister has resigned, it appears the market likes the news and that the new regime will most likely take the EU deal and try to restructure. But just when we thought we could breathe, new out of Italy... The Italian economy could be in trouble, an invitation to the Italian Prime Minister has been heard. This again could rock the EU and the global economy.
We never know what tomorrow will bring (or the next hour even). If you are looking to refinance or purchase and are ready to lock, don't hesitate, waiting may save you and 1/8, but it could cost you a 1/2. Is it worth the stress? Lock now and sleep peacefully tonight.