Wednesday, November 11, 2009

Rate Watch 11-11-2009

Cautiously Floating:
The Federal Bond Markets as well as the mortgage Backed Securities markets are closed today in observance of Veterans Day.
Trading is light on Wall Street and not much action in Stock land - the Dow higher by 40 points.  Crude Oil near unchanged at $79.36/barrel. China said factory production at a 19-month high.  Fed officials speaking yesterday say rates will continue to stay low. No economic reports today. No auctions today.
If you or anyone your might know is considering buying, selling or refinancing please contact me at 801 668 2112.