Rate Watch 5-14-2009

Alert to Lock:
Wall Street is quiet so far this morning with Stocks up slightly and Mortgage Bonds are virtually unchanged on the day. The producer price Indexes numbers this morning showed a bit more inflation that was expected. Initial jobless Claims came in at 637K -vs- 610K claims expected. oil is down this morning at $57.12 Per Barrel. If you or anyone you know is considering buying, selling or refinancing please contact me at 801 668 2112.