Wednesday AM
CPI came out at -.1 (down) and Industrial Production was up +.4. Both numbers should and will cause our rates to drift higher today so be careful and watch for possible rate changes later in the day. Always remember Good news is bad news for us. Our motto is "Lock as you go and count the cash flow" Enjoy the day. The Beige book will be out at 2 PM EDT and will probably also hurt us as the Feds want the economy to look good. Thursday will bring Housing starts (expected up) & building permits along with Phil. Fed Survey.


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