Rate Watch 10-25-2010

Alert to Lock:
Stocks and Mortgage Backed Securities are down slightly this morning. Continued Quantitative Easing chatter is affecting all the markets and the US Dollar continues to move lower against major foreign currencies… Existing Home Sales for September rose 10% from August for the 2nd straight month of gains. There has been minimal reaction so far today to Bernanke’s Speech. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.