#mortgagemarketreview market blowup seems to have topped. Low-fee mortgages hit 5.125% this week. 1% increase in 1mo rates to fall aft 1st of the year. It's a great time to pre-qualify and shop but until the first of the year when the experienced traders come back a lousy time to lock a rate for longer than a few weeks. If you are closing w/in the next 30-days you should alredy have locked your rate in.