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

Friday, August 05, 2005

Friday AM Bomb

Bonds are now -24/32 and our market has lost OVER .30 basis points. That means our rates have gone up 1/8 today. Nonfarm Payrolls came in higher at 207K. The economy is still heating up and the Feds are determined to stop it with rate hikes which mean higher rates. WATCH your pipeline and stay locked and stay happy. Be ready for more rates changes today.

posted by Rateinformer.com at 9:30 AM

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