www.metChad.com
Market Insight
Have you MetChad?
FNMA 4% bond gained some ground today! We are up 28bps so rates may improve again slightly in the morning. Today we are floating in the 4.625% range for the 30 year fixed as a base rate.
You may have heard that the retail sales report showed a drop in sales by 1.1%.
The Producer Price Index...fell to -1.2% so that means goods were cheaper to produce lately...it will be interesting to see what is on the Consumer price Index. Much of the cheaper production cost is due to energy price declines.
Dow dropped just 26 points today.
Bernanke mentioned today that the short term interest rates shouldn't stay down as low as they are for too long...we may see them rise in the next 4-6 months.
I am not too busy for your purchase or refinance referrals...and I think I speak for my team as well. Please don't hesitate to call us with your questions, concerns or referrals.
Have a great eve!
>
Market Insight
Have you MetChad?
FNMA 4% bond gained some ground today! We are up 28bps so rates may improve again slightly in the morning. Today we are floating in the 4.625% range for the 30 year fixed as a base rate.
You may have heard that the retail sales report showed a drop in sales by 1.1%.
The Producer Price Index...fell to -1.2% so that means goods were cheaper to produce lately...it will be interesting to see what is on the Consumer price Index. Much of the cheaper production cost is due to energy price declines.
Dow dropped just 26 points today.
Bernanke mentioned today that the short term interest rates shouldn't stay down as low as they are for too long...we may see them rise in the next 4-6 months.
I am not too busy for your purchase or refinance referrals...and I think I speak for my team as well. Please don't hesitate to call us with your questions, concerns or referrals.
Have a great eve!
> 
