Rate Watch 9-21-2009

Cautiously Floating:
Mortgage Backed Securities are enjoying a good day so far despite the volatility of last week. Stocks are in the red this morning trying to make a comeback. The Dollar is surging today pushing commodities and energy shares lower. Crude Oil drooping this morning by $2.56 a barrel to $69.51. This week has a record treasury auction on tap over several days. If you or anyone you know is considering buying, selling or refinancing please contact me at 801 668 2112.