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, October 13, 2005

Thursday AM

Bonds are down -12/32 after being down -23/32 and our market is off again by-.15 basis points. Import prices were up the highest in 15 years at +2.3%. Initial Claims were at 389K which was much higher than expected. Rates have went up .125 in just 2 days. Be careful and read our old comments about higher rates ahead. We are going into the 6's shortly. Friday brings the CPI which is expected to be up 1% which will not be pleasant for us. STAY LOCKED!

posted by Rateinformer.com at 9:06 AM

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