Friday, November 19, 2010

Rate Watch 11-19-2010

Alert to Lock:
Mortgage Backed Securities are trading near unchanged levels today and have moved off their best levels of the morning. There are no economic reports set for release today. Fed Chairman Ben Bernanke spoke today in Frankfurt, Germany defending Quantitative Easing Round 2 and said that the program would help to boost real economic activity. Stocks are quiet so far on the day as well. Crude Oil is down today @ $81.32 Per Barrel. If you or someone you know is considering buying selling or refinancing please contact me at 801 668 2112.