Rate Watch 11-22-2010

Cautiously Floating:
Mortgage Backed Securities are trading higher today as a big insider trading case rocks Wall Street.
Ireland has accepted a bailout package, but the European debt woes continue to weigh on the Stock markets, giving a boost to the Treasury Bond and Mortgage Backed securities markets. Crude Oil down this morning @ $81.37 per barrel. No economic reports due for release today. If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.