Rate Watch:

Cautiously floating:
There were no economic reports to sway investor sentiment today and the $35B Treasury Note auction was decent and didn’t have much of an impact on trading. Mortgage Backed Securities traded near unchanged levels all day and ended the day slightly positive. Stocks had modest gains today and have extended their winning streak to 5 straight days. The Dow gained 18.24 to 10,216.27. Crude Oil was down @ $75.91/barrel. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.