Tuesday AM
Feds meet at 2 PM and will announce their rate Increase today. Rates are going up and our market has to start to reflect that shortly. The spread between Fed Funds and interest rates is too narrow. Be careful and stay locked. Factory Orders came in at .1. All the indicators are Thursday ( initial Claims) and Friday (Nonfarm Payrolls & Unemployment rate) this week and are all expected to be higher.


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