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Friday, December 30, 2005

Friday AM

No News, Early closing means all is quiet. Our market is better by .10. Next week will bring action to the market so rest up and come back ready for higher rates and a fight for less product next year. Enjoy the weekend!

Thursday, December 29, 2005

Thursday PM

Intial Claims came out at 322K (Ho Hum) Chicago PMI at 61.5 (ho Hum) and Existing Home Sales at 6.97 M (down).The home figure pushed our market down. We are off -.125 but overall very quiet. Friday the market closes at 2 PM EDT.

Wednesday, December 28, 2005

Wednesday AM

Consumer Confidence was up to 103.6. That put a stop to our rates. Our market is off .125. Thursday brings the rest of the info so stay tuned and stay locked.

Tuesday, December 27, 2005

Tuesday AM

All is quiet this AM . Wednesday brings Consumer Confidence (expected up) and Friday brings Intial Claims And Chicago PMI along with Existing Home Sales. These are all expected to be close to last time. Our market is off .10 but rates will be better from Fridays Gain. Rates are looking good for the year end!!
Higher rates are ahead though so hang on.

Friday, December 23, 2005

Friday AM

New Home Sales down to 1245K but Durable Orders were up to 4.4%. We now have a rally. Bonds are +16/32 and our market has improved to +.20. The markets close early today so there will not be any rate changes for the better today. Enjoy the LONG weekend.

Wednesday, December 21, 2005

Wednesday AM

GDP came in at 4.1. Our market off by .10 and the market is quiet as it normally is at the end of the year. Thursday brings Initial Claims, Personal Income & Spending along with Leading Indicators. Stay tuned .

Monday, December 19, 2005

Monday Market Notes

Bonds are +7/32's. Our Market is flat. No other indicators today. Remember our motto: Lock as you go, and count the cash flow! Have a great week!

Friday, December 16, 2005

Friday Market Notes

The current US account gap shows a deficit of $195.8 Billion, slightly lower than predicted. This helped Bonds, which are +16/32's. Our Market is +5/32's. This afternoon may have a slight downturn. Overall, have a very productive Friday, and a great weekend!

Thursday, December 15, 2005

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!

Tuesday, December 13, 2005

Tuesday Afternoon Update

Greenspan did as expected, and raised the Fed Fund rate .25%, to 4.25% and said there will be at least one more to come. Still not phased by this, Bonds are +4/32's, and our market is +5/32's.

Tuesday Market Notes

Retail Sales came in at 0.03%, lower than expected. Business Inventories were at 0.3% which was lower as well. Bonds are +4/32's. Our Market is + 1/32. Looks like everyone will be waiting for Greenspan to speak at 2:15pm. We are predicting another .25% increase. Take care of any locks before early, because the market will be uncertain this afternoon. Have a great day!

Monday, December 12, 2005

Monday Market Notes

At 2:00pm, the Treasury Budget Deficit came in at -83.1B, which was worse than expected. Bonds are -8/32's. Our market is off -5/32's. Remember to Lock as you go, and count the cash flow!

Friday, December 09, 2005

Friday Market Notes

Bonds are down -20/32's. Our Market is off almost -.250. Wholesale Inventories rose only .02%, which was lower than the expected .05%. Consumer Sentiment was up higher than expected due to lower gasoline prices and job growth.

Overall, make it a busy morning, because the afternoon looks bleak. If the market gets much worse, there will be rate changes to follow. Get your locks in early today!

Thursday, December 08, 2005

Thursday Market Notes

Initial Claims came in at 327K, much higher than expected. Stocks are mixed, with the Dow down slightly. Our Market is up over .125%. Bonds are currently at +15/32's. It will take a little more to get a rate change. We will keep you informed of any new developments.

Tuesday, December 06, 2005

Tuesday AM

Bonds are at +17/32 and our market is improved by .20. Factory Order came in at +2.2%. Productivity also improved to 4.7%. Enjoy the rally. The Feds meet next Tuesday to raise rates. Don't forget!

Monday, December 05, 2005

Monday AM

Bonds are -12/32 and our market is off .125. No news today but factory orders Tuesday will move our market (expected up) which would be bad for us. Stay locked and stay tuned.

Friday, December 02, 2005

Friday AM

Nonfarm Payrolls were up to 215K. The Unemployment Rate is still at 5%. Our market is off about 5 basis points. Bonds are at -9/32. Be careful and watch for rate changes. As we told you Thursday AM it could be another volatile day.

Thursday, December 01, 2005

Thursday PM Update

As we said this Morning Rate changes are coming for the worse. Bonds are now -16/32 and our market is off by-.30

Thursday PM Update

As we said this Morning Rate changes are coming for the worse. Bonds are now -16/32 and our market is off by-.30

Thursday AM

Bonds Are now at +7/32 and our market is flat. Initial Claims were down to 320K. Personal Income was up slightly at +.4% and Personal Spending was at +.2%. No One is saving any money which causes concern about rising debt loads. Construction Spending was up at +.7. Some feel the Feds may only have to raise rates to 4.5 (.50 more) to stabilize the economy. Time will tell but we are not going to see rates back down to 5.5 again Enjoy the Day and be ready for possible changes this afternoon after the market digests all of this news.

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