Rate Watch 7-8-2010

Alert To Lock:
Mortgage Backed Securities appear to be in an over bought and sold position. It appears that traders will take some profits and sell MBS causing interest rates to rise slightly. Crude Oil is up big again today following thru with yesterday’s gains Crude is no topping $75.33 per barrel. If you or someone you know is considering buying, selling or refinancing please contact me at 801 688 2112.