Thursday AM Mix
Initial Claims were up to 333K but Housing Starts were also up to 2009K. HMMMMM. That must mean more people without jobs are buying houses!!! Don't we love 100 LTV Interest only loans. The market is having a very rough time this week making up its mind as to which direction to go. Bonds are at -1/32 and our market is Flat. Stay tuned and be careful for problems later in the day.


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