Rate Watch 4-12-2010

Carefully Floating:
Mortgage Backed Securities are starting the week with continued volatility and have already traded in a 38 point range. No economic reports or Treasury offerings hitting the market today. Stocks and Crude Oil @$84.55 are near unchanged levels. The average cost or a gallon of regular unleaded nationally is $2.88 per gallon. Here in Utah it seems like we are hovering around the $3 with pump prices inching up every week. If you or someone you know is considering Buying, Selling or refinancing real-estate please contact me @ 801 668 2112.