Wednesday PM
Bonds are now at -14/32,the low of the day, and our market is off -.125.. Retail sales were -2.1 and Industrial Production was +.1. There is deep concern for INFLATION from higher oil prices being passed on in the form of higher prices on everything including housing. The Feds meet on the 20th to raise rates again so be ready. Lock before rates change.


MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.
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