Monday, April 18, 2011

Rate Watch 4-18-2011

Given the extreme volatility in the market place we are advising Locking:
Most all US Financial markets fell this morning after Standard & Poor's lowered its outlook for the credit rating of the United States Of America today to negative, but still affirmed the AAA rating. Stock markets are down over 200 points on the news. The White House is calling the news politically motivated. Gold is toying with $1500 per ounce and Crude Oil is down @ $107.07 per barrel. There are no economic reports due for release today. If you or someone you know is considering buying, selling or refinancing real-estate please contact us at 801 668 2112.