Alert to Lock:
After 5 days of losses, Mortgage Backed Securities are down again today after opening to the upside. Continued Inflation fears dominate the trading of all bonds. Treasuries are having a rough day as well with sellers 6 to 1 over buyers. The Fed seems to be the major buyer of treasuries today having purchased 5.8 billion but 36 Billion on sale from investors. Crude Oil is @ $105.60 today. Consumer sentiment numbers were in line with expectations. Lastly radiation fears continue to dominate the scene in Japan. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.
About Me
- Gary Dickson
- Ogden, Utah, United States
- Serving Mortgage Customers Since 1988
