The Daily Market Commentary for
March 20, 2008
MVP of the Day:
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What have rates done today?
MBS 30-Year Conventional | Slightly Lower |
Jumbo Fixed | Relatively Unchanged |
VA Programs | Relatively Unchanged |
Lock Expiration Dates
30 day lock | 04/21/08 |
45 day lock | 05/05/08 |
60 day lock | 05/19/08 |
90 day lock | 06/18/08 |
Some Key Economic Reports to be released this week which may influence the mortgage interest rate market
Week Ending 03/21
Mon | Current Account Balance |
| NY Fed Index |
| Industrial Production |
| Capacity Utilization |
Tue | Housing Starts |
| Building Permits |
| Producer Price Index |
| Core PPI |
| FOMC Policy Statement |
Thur | Initial Jobless Claims |
| Leading Indicators |
| Philadelphia Fed Index |
Fri | Markets Closed |
Quote of the Day:
"The toughest thing about success is that you've got to keep on being a success."
-Irving Berlin
Our Mission
We promise to treat customers like family while providing financing for the American dream. The experience will be smooth, easy and at times fun. We will do this with unequalled passion and expertise.
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