Cautiously Floating:
Mortgage Backed Securities are enjoying a positive day so far today. Stocks down 120 points on the day after a lower than expected ADP Report and the ISM Service Index is the lowest since December 2009. Crude oil is holding steady today @ $110 per barrel. Wall Street is saying that they are confident the congress will raise debt limit and keep the government rolling along. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.
