Rate Watch 4-7-2011

Cautiously Floating:
After another crazy day of trading Mortgage Backed Securities finished the day near unchanged levels but were able to pare losses after news that a new earthquake hit Japan,. Stocks finished the day near unchanged levels after being down most of the day as well. Crude Oil settled at $110.30 up $1.47. There are no economic reports set for tomorrow. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.