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Let MCB Mortgage Help you or your company with all your mortgage needs.MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.


Friday, July 15, 2005

Friday Update

We had several indicators today, but no major happenings for our market. Bonds are +2/32's. PPI came in weaker than expected at 0.0%, and the core came in at -0.1%. Energy prices rose 2.0% after falling 3.5% and stands 13.2% higher from a year ago. Our market is falling off a little, and expect more of a downturn by the late afternoon. Remember to "Lock as you go, and count the cash flow!" Have a great weekend.

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