Cautiously Floating:
Mortgage Backed Securities up slightly on stronger than expected auction results from the Fed’s offering of 7 year treasury bills. Stocks are up slightly this morning as well. Gold $1180 / oz, is at a new high today as the US greenback slumps against foreign currencies. Crude oil is up a bit this morning at $76.35. - Consumer Sentiment slightly higher at 67.4 vs 67.0 expected. New Home sales rise to 430K, ahead of the 405K expected. Initial Unemployment Claims move down to 466Kfor the 1st time below 500K since week of Jan 3 2009. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.
About Me
- Gary Dickson
- Ogden, Utah, United States
- Serving Mortgage Customers Since 1988
