Rate Watch 5-21-2009

Alert To Lock:
Mortgage Backed Securities are in the red this morning. The government just announced a huge supply of government securities coming into the markets next week and this is adding to the problem. Oil is down slightly this morning after several days of increases. Presently oil is at $60.59 per Barrel. Stocks are down 140 points this morning as well. If you or anyone you know is considering buying, selling or refinancing please contact me at 801 668 2112.