Rate Watch 6-14-2010

Alert to Lock:
Mortgage Backed Securities start the week lower. Stocks extend gains weighing on the Bond markets. There are no economic reports due today, so trading will likely be influenced by Stocks and any breaking news out of Europe. European woes seem to have stabilized for the moment. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.