The rally that began late Tuesday and continued through yesterday faded out today with rates moving up slightly.  In economic news initial jobless claims for the week ended Nov 1 were down 4,000.  Analysts had been projecting that they would be up by 1,000.  Tomorrow, October's non farm payroll report will be released.  The market is expecting approximately 200,000 job losses.  Typically one would expect that if that number is less than 200,000 we could see additional pressure on mortgage rates in an upward direction.  We believe it is currently safter to be locked than to float a loan.