TODAY'S RATES:Today rates should remain flat, with slightly improved rebate pricing (the credit a lender gives towards closing costs, or the cost to obtain a better rate, commonly referred to as "points"). TODAY'S RATE MARKET FORECAST:Today the MBS (mortgage-backed securities) market opened with a huge rally on weaker than expected jobs report data. However we saw the gains given back within minutes, and only retained a small portion of the improvement. The current trend is still to see MBS worsen, and rates will slowly rise over the next week. Be sure to work closely with your Mortgage Loan Professional to monitor the market in real time and stay ahead of lender's increasing rates.