Rate Watch 12-18-2009

Cautiously Floating:


Quadruple Witching today A day on which contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire. This could lead to volatility for stocks and could affect Mortgage Backed Securities later today. There are no economic reports due for release today. Stocks and MBS are trading near unchanged levels so far. Crude oil is trading higher @ $74.14 per barrel. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.