MCB Mortgage, Inc- Mortgage Orgination, Secondary Marketing, and Broker Programs

MCB Mortgage- Mortgage Origination, Secondary Marketing, & Broker Programs

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

Market Notes

Thursday, June 02, 2005

Thursday AM Mix

All is quiet this morning. Bonds are at +5/32 and our market is off about -10 basis pionts. Factory orders came in higher at +.9% but initial Claims came in higher also at 350K. It makes it a wash.All eyes are on Friday for Unemployment Rates and Nonfarm Payrolls. The payroll number is expected to be lower which would not bode well for the economy but may help our rates. Remember bad news is usually good news for us. Enjoy the day.

posted by Rateinformer.com at 9:58 AM

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