Thursday Market Notes
Lots and lots of indicators today. The most important- Core CPI was 0.2% as predicted. This shows that inflation has stayed the same as last month, but everyone was secretly hoping it would drop lower. The Fed's major concern is keeping inflation down, and it will continue to raise rates to do so. The market is reacting- Bonds are -18/32's, and our market is off almost .250. Get your locks in early, before it gets worse. There is a possibility for a rate change if the market continues in this direction. Try to stay ahead of the game!


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