Rate Watch 1-5-2010

Cautiously Floating:


Mortgage Backed Securities are higher this morning and stocks are near unchanged levels after rallying higher yesterday. Mortgage Bonds are trying to break free from the downward trend they’ve been trading within since late November. Crude Oil is currently trading @ $81.41 per Barrel. Pending Home sales plunge 16% in November. Ford sales up 23% in December 2009. If you or someone you know is considering buying selling or refinancing please contact me at 801 745 3678.