Tuesday AM Rally Continues
Bonds are now +14/32 and our market is +.25 basis points. PPI came in at +.7 (BAD), housing starts 1837K (DOWN BAD) and building permits at 2023K(ALSO DOWN &BAD). All this bad economic news is great for us(at least for now). With bad news like this the Feds will at least think about raising rates at a little slower pace (we hope). CPI is coming Wed. along with the beige book. Will there be more "bad" news? Enjoy the day and wait for your rate changes for the better!


MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.
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