Rate Watch 3-27-2009

Cautiously Floating:

The inflation reading for February came in at 0.2% or 1.8% year-over-year, after the volatile food and fuel figures are removed.
Personal Income came in slightly lower than estimates, while Personal Spending was in line with estimates. consumers are still saving, as the Personal Savings rate remained above 4% once again in February and among the highest savings levels seen in a decade. Rates are at historically low levels and it is unclear weather rates will improve or how long they will stay at these levels.
Feel free to contact me at any time should you or your friends and family have a mortgage need. 801 668 2112