Rate Watch 6-26-2009

Cautiously Floating:
After a good couple of days for Mortgage Backed Securities they are taking a rest today and remain unchanged on the day as the major market players head out for the weekend. Stocks are down slightly and Oil is down this morning at $69.24 per barrel. Inflation remains tame as evidenced by the Core PCE coming in below expectations. consumer sentiment slightly better than expectations. If you or anyone you know is considering buying, selling or refinancing please contact me at 801 668 2112.