MARKET COMMENTARY

By
Mortgage and Lending with Amerifirst Financial, Inc.

Treasury prices fell yesterday as investors are gaining confidence that positive action willbe taken in Europe to stem their debt crisis.  European Central Bank President Jean Claude Trichet told reporters, "It is essential all decisions to tackle fiscal turmoil must go into effect rapidly and completely."  The U of Michigan confidence report will be released at 9:55 this morning.  Have a great weekend everyone. 

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Sincerely,

Ryan P. McDonough - Licensed Loan Officer

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