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MARKET COMMENTARY

By
Mortgage and Lending with Amerifirst Financial, Inc.

Treasuries and mortgage backed securities are up this morning ahead of Bernanke's annual speech in Jackson Hole, Wyoming.  We rallied ever further following the GDP report which showed that the economy grew 1 percent, which was slightly less than expected.

Good luck to your business and have a great weekend.  Pennsylvania State Exam tomorrow for me. 

Posted by

Sincerely,

Ryan P. McDonough - Licensed Loan Officer

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Comments (1)

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Damn and I thought we were in recovery mode a year or so ago. I got to quit reading the news...

 

LOL I was being sarcastic...

enjoy your weekend

Aug 26, 2011 05:05 AM