Rate Watch 5-15-2009

Alert To Lock:
Stocks and Mortgage Backed securities both in the red this morning. mortgage Bonds have been unable to bread through a strong layer of resistance at these levels. Financial reports out this morning suggest that Consumer Sentiment is slightly better than expected and is the best reading since September 2008. Core CPI inflation is hotter than expected this morning. Oil down slightly this morning at $57.12 a barrel. If you or anyone you know is considering Buying, Selling or Refinancing please contact me at 801 668 2112.