TAX DAY 4-15-2010

Cautiously Floating:
So far Mortgage Backed Securities are trading near unchanged levels. Stocks are up again today enjoying levels not seen since 2008. Crude Oil is up this morning @ $86.44. Earlier today Initial Jobless Claims were reported well above expectations. This should have been good news for MBS but so far MBS’s are showing meager gains. The job and labor markets are still in bad shape. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.