Rate Watch 4-9-2009

Cautiously Floating:
Stocks are way up this morning on news that Wells Fargo said it expects record 1st quarter earnings. The New York Times reported today that the US banking system may be in better shape than most people think. Initial Jobless Claims came in better than expectations. Mortgage Backed securities are slightly better this morning. If you or someone you know is considering Buying, Selling or Refinancing please contact me at 801 668 2112.