Friday Market Notes
Our Market opened on the plus side, but has fallen off slightly. Bonds are -4/32. New Home Sale were at 1269K, a little higher than expected. The big news this morning was that the GDP was only 1.1%, much lower than the 2.8% that was expected. However, the Feds still anticipate GDP to increase in 2006, but not at the same pace as the past 2 years. Overall, if you have locks today, try to get them in early, as the market may drift down late in the afternoon. Have a productive day, and an excellent weekend!


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