Rate Watch 1-14-2009

Cautiously Floating:


Mortgage Backed Securities are slightly up this morning after week reports from the labor markets and retail sales. Crude Oil is flat at $79.55 per barrel. Oil had a big run up in price over the past couple of weeks but has had a three day selloff as traders are taking their profits and protecting their positions. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.