Wednesday, November 3, 2010

Rate Watch 11-3-2010

Today is a huge day for NEWS from the FED.  So Far Stocks, Treasury Bonds and Mortgage Backed Securities remain near unchanged levels on the day.   Today the Fed is expected to announce the details on their next round of Quantitative Easing with its statement et to be released at 2:15pm ET.  Additionally all the news from the election last evening continues to trickle in.  Republicans anticipate gaining control over the House of Representatives.  If you or someone you know is considering buying, selling or refinancing please contact me at 801 668 2112.