Wednesday, April 6, 2011

Rate Watch 4-6-2011

Alert To Lock:
Inflation, Impending Government Shutdown, Crude Oil and Global Uncertainty are all weighing heavy on Mortgage Backed Securities today. MBS are starting the day lower, adding to yesterday's losses. Today there are no economic reports scheduled for release. Stocks are near unchanged on the day. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.