Alert to Lock:
Mortgage Backed Securities are lower today after a positive day yesterday. MBS were unable to break through a very formidable layer of resistance. Bargain hunters lifting stocks again today. Yesterday the stock market started the day down 300 points but managed to recover to near unchanged levels. ““Volatility is King” ”. Crude Oil is trading higher today @ $70.44 per barrel. The US Treasury continues to sell treasury bonds hand over fist to a verity of willing buyers who are interested in the safety of US Government Treasuries. This appetite for Treasury Bonds seems to be insatiable. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.