Tuesday, April 5, 2011

Rate Watch 4-5-2011

Continued Locking Recommendation:
All the news out today is that: US Debt is "unattractive" at current levels, inflation is heating up and the Government will cease to operate efficiently until the US Debt ceiling is increased again. This has spooked the bond markets and Mortgage Backed Securities are certainly having their jitters. Stocks are having a rather quiet day and are near unchanged levels. Crude Oil is down slightly @ 108.44 Per Barrel. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.