Rate Watch 12-1-2009

Alert to Lock:
Stocks are up big this morning and are taking investment dollars away from Mortgage Backed Securities which are over bought and have not been able to push thru there ceiling of resistance. The US Dollar is falling and Crude Oil is up on news of the falling Greenback. Crude is up $1.71 @ &79.09 per barrel. Gold hits record high in today’s trading at $1200 per Troy ounce.
An average of 4.3 million consumers per minute visited shopping websites on Cyber Monday.
If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.