FNMA 4% came in just 3bps lower...after trading in a 40 basis point range today. Hold on tight. Record bond auctions coming next week...so we could see some further bond price deterioration...which means higher rates. Rate today still in that plus or minus 5% range on the 30 year fixed.

APPRECIATION! Home values gained 1% in January and 0.7% in February...so things are starting to look like "stabilization" from the nationwide view. Remember the local markets are most important to be familiar with for our clients. Some markets are posting much higher appreciation for the first few months of 2009 thanks to a flood of buyers with low rates and other incentives.

Dow lost 83 points today...and the US economy seems to be shrinking at a much slower rate according to analyst's opinions released today.

Oil trading at 48 bucks or so.

Remember we are in the Annual Campaign right now for Big Brothers and Sisters! If you are interested in pledging or giving please contact me...OR...you can go to this website to check it out: http://www.bigbrotherssisters.org/contribute/index.php

Click on the "contribute" button to go to a secure site.

Big Brothers and Sisters changes FUTURES.

It is a great organization run with efficiency so your dollars go far.

Have a great evening!