Rate Watch 4-24-2009

Alert to Lock:
New Home Sales reported better than expected. Inventories continue to drop. Stocks open higher this morning currently up 133. Mortgage Back Securities trading lower ahead of the record supply of 101B in government Treasury Bills being auctioned off next week.Durable Orders fall again for the seventh time in eight months. Ford beats estimates after not accepting government handout. Oil higher by 75 cents to $50.37 a barrel.
If you or anyone you know is considering Buying, Selling or Refinancing please contact me at 801 668 2112.