Rate Watch 12-14-2010

Alert to Lock:
After one of the worst days in history yesterday for Mortgage Backed Securities are again trading in a volatile fashion so far this morning. Inflation remained tame in November at the consumer level. Senate to vote on the tax cut package today. Stocks are trading in a very tight range and are modestly higher. Crude Oil is at $88.30 per barrel. If you or someone you know is considering buying, selling or refinancing real-estate please contact me at 801 668 2112.