MCB Mortgage- Mortgage Origination, Secondary Marketing, & Broker Programs
Home
Services
Contact
 
 

Let MCB Mortgage Help you or your company with all your mortgage needs.MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.


Monday, March 20, 2006

Monday Late AM

Bonds are now at +.375 but our market is only better by +5 basis points. Leading Indicators were down at -.2%. With the feds meeting next Tuesday we foresee higher rates ahead. Stay locked.

Thursday, March 16, 2006

Thursday PM Update

Our market is better by .40. Rates have dropped .125 today alone. Low inflation news give a boost to bonds. One day does not make the market but use it to the full and lock.

Tuesday, March 14, 2006

Tuesday AM

Bonds are +.50 this AM and our market is better by .15. Retail Sales were down -1.3% but revised upward in Jan. to +2.9%. Feds meet on March 28 to raise rates again. Rates will go up.

Monday, March 13, 2006

Monday PM

All is quiet this afternoon. Our market is flat and bonds are off -.20. Tuesday brings Retail Sales which are expected to be down. Later in the week are more indicators expected to show a slowdown. Rates appear to be heading higher.

Monday, March 06, 2006

Monday AM

Factory Orders came in at -4.5% (ugly). Our market is off -.15 and bonds are off -.30. Our market has been beaten up in the the last week as rates go higher. Be ready for more and watch out for Inflation . No more big news until Thursday with Intial Claims and the Trade Balance ( which is terrible and expected to be about -65 Billion!) .

Friday, March 03, 2006

Friday PM

Bonds this PM are off -.45 and our market is off -.125. The market is quiet this afternoon. We expect indicators next week to show a slowdown in the economy so it could be a down week again but time will tell. Enjoy your weekend.

Thursday, March 02, 2006

Thursday PM Update

Bonds are now at -.75 and our market is off -.375. A rate change could be in the works so be careful. Initial claims were up to 294K. Retail Sales look bad and there are fears of higher rates after the European Central Bank raised rates and said there is more to come. Higher rates are coming!!

Wednesday, March 01, 2006

Wednesday AM

Personal Income was up +.7 but Personal Spending was up +.9. Our market is now off .05 and bonds are off .40. It looks to appear to be another down day so be ready.

Archives

February 2005   March 2005   April 2005   May 2005   June 2005   July 2005   August 2005   September 2005   October 2005   November 2005   December 2005   January 2006   February 2006   March 2006   April 2006   May 2006   June 2006   July 2006   November 2006   December 2006   February 2007   October 2007  

This page is powered by Blogger. Isn't yours?


All information © MCB Mortgage, Inc.
Call Us Today! 1-800-741-4198