Rate Watch 2-7-2011

Alert to Lock:
Mortgage Backed Securities are starting the day lower, marking the sixth consecutive day of losses. There are no economic reports set for release today and in fact, there are just a few releases for the week. President Obama urges the overhaul of the burdensome tax code on Capitol Hill today. Egypt pressures somewhat subside. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.