mortgage rates worcester: Mortgage Market Update for Friday July 25, 2008 - 07/25/08 08:24 AM
Bonds had a nice rally yesterday and closed above a key level of resistance.  In order for confirmation of a technical break through the next trading day needs open above that as well......well bonds did not and they have given back 70% of yesterday's gains already.  The headline number of durable goods … (4 comments)

mortgage rates worcester: Mortgage Market Update for July 16th, 2008 - 07/16/08 07:45 AM
 
 CPI was hotter than expected which is inflationary and bad for mortgage bonds.
CPI was estimated at .7% and came in at 1.1% year or year is 5%  
Core CPI, ex -food and -engergy,  was estimated at .2% and came in at .3% year or year it is 2.4%
… (0 comments)

mortgage rates worcester: Mortgage Market Update for Tuesday July 15th, 2008 - 07/15/08 08:07 AM
Another crazy day in this economy....the PPI was hotter than expected this morning which means inflation and the Retail Sales number missed.  The core PPI which takes out food and energy was slightly better than expected which is some positive upside, but really food and energy is an obvious concern.  Mortgage Bonds had … (0 comments)

 
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Bryan Flynn Central Mass and Worcester Mortgages

Worcester, MA

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First Eastern Mortgage Corporation

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