Rate Watch 7-9-2010

Cautiously Floating:

Mortgage backed securities are near unchanged levels on the day. Stocks are not doing anything as well. However, stocks have had a nice run over the past several days and are on pace for the biggest weekly gain in almost a year. Crude oil is still hovering above $75.00 per barrel. BTW Lebron James is heading to Miami> If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.