Wednesday AM
Revised GDP came out at 3.8% (up) and our market has improved .125 which washed out yesterday loss so our rates should be close to Tuesday AM pricing. Bonds are at +14/32. Thursday will bring Personal Income & Spending (both expected down along with Chicago PMI. Also At 2:15 PM EDT Thursday the Feds announce policy changes. We expect another 1/4% hike in rates. As of now we have not been affected by the Feds but sooner or later we will move our rates up and that time is getting closer each time the Feds raise their rates. Stay locked and stay happy.


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