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 12, 2005

Friday AM

Bonds are now at +17/32 and our market is better by almost .25. Oil is over $66 and the stock market is down -65 points. Import prices were up 1.1 % when you include oil. The Feds are not happy with that. The trade balance widened to 58.8B. Our market is riding the stock market drop but we will catch up with the bad news later. Lock these rallies this morning.

posted by Rateinformer.com at 9:33 AM

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