It will be another very interesting week on the Street  just as it has been for weeks on end. There have already been a bunch of events occurring over the past day or two which will provide today's opening sentiment.

China has joined in the STIMULUS gameplan and the FEDS bought more INSURANCE with another 40 Billion investment in AIG. These factors are suggesting a higher market opening, but eyes are on Ford and GM's request to join in the BAILOUT BUCKS.

More earnings numbers will be coming out as well which adds to the daily anxiety and ensures more swings this week. If the sentiment maintains for today's open, there will be less interest in Treasuries and yield should continue to ride Friday's wave upward. Friday's close showed a full tenth increase from the open. Pricing was not really impacted much Friday, but I would think that it will catch up to the market by late morning. We'll have to see if lenders maintain sub 6% PAR rates on the 30 year fixed.

THIS IS MY OPINION ONLY AND NOT THAT OF EAGLE NATIONWIDE MORTGAGE CO. ALWAYS CHECK WITH YOUR MORTGAGE PROFESSIONAL REGARDING YOUR OWN TRANSACTION.