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

Tuesday, August 23, 2005

Tuesday AM

Bonds are at +6/32 and our market is flat. Oil is back up to $66 and the stock market is off because of it. The one piece of interesting news is Existing Home Sales were down to 7.16M. That is a drop of 2.6%. Is it a blip or a sign of something more to come.? Time will tell but we suggest there is more to come as rates move up. Please feel free to comment on your thoughts that you may have on the market .

posted by Rateinformer.com at 9:31 AM

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