Rally continues as interest rates look to improve from close yesterday. Mortgage backed securities are up quite a bit this morning on the news that CPI came in around expectations. Housing starts came in at 519K much worse than the 600K that was expected. The DOW is currently up 2pts in early trading. Oil is down 31 cents a barrel. We will keep an eye on this and see if we can continue the rally. A lot of people have been expecting a big rally for a couple of weeks we just haven't seen it yet. Will be interesting to see if this is what they were referring to. Have a great day!!
Rainer
35,825
35,825
Ashley Hales
Mortgage Banker
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