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MARKET COMMENTARY

By
Mortgage and Lending with Amerifirst Financial, Inc.

Treasuries dropped slightly after the Producer Price Index showed wholesale costs in the US increased in July by .2%.  This was after a .4% drop in June.  Slowing sales and drops in the price of raw materials means companies will be less likely to raise prices, which may give the Federal Reserve more room to act to spur growth. 

I just passed my California State Exam...YEAHHHH!  Have a great day everyone and good luck to all of you. 

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Sincerely,

Ryan P. McDonough - Licensed Loan Officer

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