Rate Watch 11-15-2010

Alert to Lock:
Mortgage Backed Securities are trading lower so far today on the threat of inflation down the road and modestly improved conditions in the labor market and economy. Former Fed Chairman Alan Greenspan spooked the markets and sent shockwaves throught  the financial communities this morning after he said yesterday on "Meet The Press" that the Bond markets could risk a crisis due to the U.S. government's deficit. Crude oil is flat this morning at $85.61 per barrel. If you or someone you know is considering buying, selling or refinancing please call me at 801-668-2112..