Rate Watch 11-24-2009

Cautiously Floating:


Mortgage Backed Securities up this morning, Stocks are down and Crude Oil is down and falling at $76.70 per barrel. The US dollar is gaining strength today again the major foreign currencies. Gross Domestic Product reading for the 3rd Quarter was reported in line with expectations, while Consumer Confidence was reported slightly better than expected. Also, the Case-Shiller Index for September reported a slight rise in home prices in the 20 largest US cities, marking the 5th consecutive month of price increases. If you or anyone you know is considering buying, selling or refinancing please contact me at 801 668 2112.