Monday, June 1, 2009

Rate Watch 6-1-2009

Alert to Lock:

The week is starting off crazy with Mortgage Backed Securities down hard over 150 points.
Stocks are up 225 and are pulling money away from the mortgage markets. Several factors in the economy are suggesting the the recession is turning around. Oil still surging at $67.60 per barrel. if you or anyone you know is considering Buying, Selling or Refinancing please contact me at 801 668 2112.