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

Thursday, August 11, 2005

Thursday PM Update

Bonds are now at +17/32 and our market is better by .15 - .20. Retail Sales came out at +1.8 (up slightly). Initial Claims were 308K (slightly lower). Our rally is from a good 10 year auction. On the downside is oil prices which hit $66.00. WOW! Is there a odor of inflation in the air? The feds say no and that oil can go higher without any problems. What do you think?

posted by Rateinformer.com at 12:31 PM

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