Rate Watch 10-2-2009

Cautiously Floating:


Mortgage Backed Securities, Stocks and Crude Oil all near unchanged levels so far this morning. The Labor Department reported that 263,000 jobs were lost in September, which was quite a bit worse than expectations that 175,000 would be lost. In addition, the national unemployment rate ticked up to 9.8%.  If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.