Rate Update September 21, 2009

Mortgage rates are mostly unchanged from Friday.

We expect mortgage rates to react to the stock market today as there is little significant data released.  However, the rest of the week looks busy.  Watch today’s you tube video for a break down on what we’ll be watching.

Click these links for more on the three stories I outlined in the video:

*Treasury Auctions for the week

*Fed meeting begins tomorrow

*Geo-political tension between Iran & Israel

Current outlook: neutral