Rate Watch 3-5-2010

Cautiously Floating:
Stocks are having a great day so far. Mortgage Backed Securities are down sharply today after the Unemployment report was not as bad as expected. The Government official unemployment rate has been raised to 9.8%. Experts say the real number is more likely to be 16.8%. Crude Oil continues to climb and is currently at $81.80 Per Barrel. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.