Thursday, November 5, 2009

Rate Watch 11-5-2009

Cautiously Floating:
Mortgage Backed Securities flat this morning and near unchanged levels.  Stocks are up big (170) this morning.  Crude Oil is up this morning at $80.40 per barrel and gold is enjoying a good day with the price of gold up $1.70 to settle at 1087.30 per Troy ounce.    There are limited reports out from the government this week so trading should be fairly stable thru tomorrow.  If you or anyone you know is considering buying, selling or refinancing please contact me at 801 668 2112.