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Daily Update

April, 19, 2010

Good Morning;

Today’s 1 minute Video Update about finding Money For Repairs

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Mortgage Bonds are trading near unchanged after closing above an important level of resistance on Friday.

In the news, the Goldman Sachs story continues to unfold, after the Securities and Exchange Commission brought charges of fraud against the company last Friday. European politicians are now calling for their own probe of Goldman Sachs' dealings – and there is even speculation that the firm helped Greece mask the country's true budget deficit.

Currently, Bond prices are facing another layer of resistance overhead at the 50- and 200-Day Moving Averages. I recommend floating for now, but be prepared to lock if the tough layer of resistances pushes prices back.

Rodney Roloff

Director of Sales

CA  DRE #1142903

Cal Coast Financial Corporation

39355 California Street; Suite 300

Fremont; CA  94538

(510) 456-3008