Wednesday PM
Bonds are now at -4/32 and our market is off -.15 basis points. We are now working toward 6.5 in rates. The Feds say they will raise again when they meet Dec 13 so be ready for higher rates. We are going to hit 7% within a short period of time. Thursday brings Intial Claims ( expected up slightly) & Factory Orders (expected down) . Friday brings Unemployment and Nonfarm Payrolls both expected up so it may be a wash. Be alert and stay locked.


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