Rate Watch 7-15-2010

Cautiously Floating:
A mixed bag of economic news this morning has caused both Stocks and Bonds to gyrate between positive and negative territory. At the moment Mortgage Backed Securities enjoying some nice gains and Stock are in negative territory as traders take some profits after a seven day rally. So far it has been a volatile morning. Wall Street reform bill set for final vote in congress later today. Crude oil up 38 cents at $77.28 per barrel. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.