Rate Watch 9-1-2010

Alert to Lock:
Mortgage Backed Securities enjoyed a nice day yesterday, but have since given back all their gains in today’s trading session. The bulls are back on Wall Street today. After a bearish August, stocks roared into September with a major rally as investors cheered signs of strength in U.S. Stocks .Crude Oil is up $2.14 per barrel @ $74.96. The ADP Employment Report showed a loss in private sector jobs today. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.