Monday, November 2, 2009

Rate Watch 11-2-2009

Alert To Lock:
Mortgage Backed Securities are down this morning.  Stocks are up slightly after some pretty good corrections last week.  Crude Oil has been seesawing around the $80.00 level and is currently at $78.30 per barrel.  The dollar is falling against other major currencies.  Pending Home Sales statistics are better than expected.  If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.