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Let MCB Mortgage Help you or your company with all your mortgage needs.MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.


Monday, March 28, 2005

Monday AM No News is not always good news

Bonds are at -8/32 and drifting down. Our market has lost about 15 basis points. All the big news is coming out Thursday and Friday. There is a bond auction Wednesday that could pull on our market. Most of the indicators other than Consumer Confidence Tuesday is expected to be good for the economy which would be bad for us. Our suggestion would be to lock ahead of all the indicators and not get caught in the crossfire! Remember "Lock as you go and count the cash flow"

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