Rate Watch 4-1-2009

Alert to Lock,
Statics show increased activity in housing markets as inventories fall. Pending home sales come in better than expected at 2.1% vs estimates of 0.0% following better than expected existing home sales, housing starts and new home sales in the past 2 weeks.
Stocks open lower on the possible GM and Chrysler bankruptcy news coupled with the dismal ADP data report the loss of 742,oo Jobs. Oil $48.15/barrel. Please contace me if can assist you or your family with any financing needs. 801 668 2112