The FNMA 4.0% bond is up on the day by 28 bps and closed at $99.72,
Housing starts were reported down today though the West actually reported higher numbers.
Senate approved the proposal to extend The CLOSING deadline for the $8000 tax credit to Sept. 30th today.
BP announced that they were going to discontinue paying out their dividends to stockholders until next year.
Mortgage Applications are UP this last week.
Cheers,
Chad
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Chad Schauers
Montana Mortgage Lender, Bozeman, Montana
Personal Cell: 406 799 8613
Personal Email: metchad@gmail.com
