Rate Watch 11-19-2008

Cautiously Floating; News out today the CPI Consumer Price Index fell a record -1.0% thanks to the recent decline in energy prices. Housing Starts also fell another 4.5% in October. And yesterday, Mortgage Bonds bounced higher after news that giant hedge fund Paulson & Company has started buying Mortgage Bonds in it Advantage Plus Fund. I will keep you informed should developments change.