Rate Watch 6-25-2009

Cautiously Floating:
Mortgage backed securities having a good day today as well as stocks and treasury bonds. Jobless claims rose 1500 in the past week and Gross Domestic product is lower but in line with expectations. Oil is up this morning at $69.00 per barrel. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.