Rate Watch 8-11-2009

Alert to Float:
mortgage Backed Securities up today on inflation friendly news. Stocks lower today after there Hugh rally over the past month. Profit taking the name of the game today for the financial sector of the market. Crude oil lower today on the strengthening dollar. Crude oil is at $68.90 today. The Fed Auction of 3 year treasure bills received a A- rating today another positive sign for interest rates. If you or someone you know is considering Buying, selling or Refinancing please contact me at 801 668 2112.