Archive for March, 2008

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Rates Drop Today, Week Focused on March Jobs Report

31 March 2008

Rates dropped today at the start of a week with out a lot of economic data on deck.  Rates will improve by at least .375 to price.
The March Employment Report is arguably the most important economic report of the month and is due out on Friday.  The only other significant report this week will come [...]

Rates Down On Weak Consumer Sentiment Index

28 March 2008

Mortgage rates improved in the afternoon today on mixed economic news.  Expect rates to improve by .25 to the points.
February Personal Income & Outlays report came in stronger than expected, and University of Michigan’s Consumer Sentiment Index came in weaker than expected.  A mixed bag still managed to gain some strength in trading late in [...]


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