Rate Watch 4-16-2009

Alert to Lock:
Housing Starts and Building Permits came in below expectations and showed that new home construction remains weak. The Labor Department reported that Initial Jobless Claims came in below expectations. JPMorgan Chase reported better than expected earnings for the 1st quarter of 2009 on surging investment banking profits and fixed income trading revenue.
Stocks are up slightly this morning. Oil is up at $49.51 per Barrel. If you or anyone you know is considering buying, selling or Refinancing please contact me at 801 668 2112.