And you think rides at Disneyland are crazy fun! The past two days of market action have more ups and downs than California Screamin'. Yesterday the DOW Industrials down almost 1000...which pushed mortgage bonds up and brought rates down to some of the lowest levels we have seen in the past six months. 'Greece is the word' and the song (almost) goes. The concern about what is going on in Euroland is making traders a little nervous about the effects it may have on our markets...thus the wild ride.

Though I love a good roller coaster...I certainly dont like to work on one. Rates had another crazy day moving around along with the stock market today...down as much as 280 points and then clawing back to almost even...only to close down 139 points. If I havent been clear with you about locking your rate....let me be! Lock your rate!!! This volatility may have worked out the benefit of the person who wasnt locked, but you can see things can move quickly and it can move against you just as fast as it can work with you.

Interest rates are as low as 3.25% on a 5/1 ARM and 4.625% on a 30 yr fixed if you look at posted rates on my page today...are you really waiting for things to get better than this? Hmmmmmmm.