Alert to Lock:
Mortgage Backed Securities are trading lower again today. The Labor Department reported today that the inflation gauge reading Consumer Price Index (CPI) came in near expectations and reinforced the Fed’s claim that inflation remains tame. Consumer Sentiment was reported below expectations and was the lowest reading since August of 2009. Stocks are near unchanged levels so far today. And Crude Oil is @ $74.44 on the day. If you or someone you know is considering buying selling or refinancing real-estate please contact me at 801 668 2112.