Jeff Mintz' Mortgage Blog

Mintz's Mortgage Ministry

Sunday, September 05, 2010 - A Look Back at the Week That Was and a Look Forward Toward the Week to Be

September 5th, 2010 6:21 PM

LAST WEEK

Mortgage bond prices fell last week pushing interest rates moderately higher. The up and down trading pattern continued with rates rising and falling throughout the week. Strong stocks mid week and stronger than expected ISM Index data didn’t help rates. Consumer confidence came in at 53.5, higher than the expected 49.9 mark and pressured rates. Weekly jobless claims and factory orders data were near expectations. Rates rose by about 1/4 of a discount point for the week.

THIS WEEK

The Treasury auctions and the weekly jobless claims data will be the most important releases this week. Expect more volatility, as stocks and bonds are likely to continue their back and forth trading pattern.

THIS WEEK'S ECONOMIC DATA

Economic Indicator	Release Date & Time	Consensus Estimate	Analysis
3-year Treasury Note Auction	Tuesday, Sept. 7 1:15 pm, et	None	Important. $33 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.
10-year Treasury Note Auction	Wednesday, Sept. 8, 1:15 pm, et	None	Important. $21 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.
Fed “Beige Book”	Wednesday, Sept. 8, 2:00 pm, et	None	Important. This Fed report details current economic conditions across the US. Signs of weakness may lead to lower rates.
Consumer Credit	Wednesday, Sept. 8, 3:00 pm, et	Down $1.1 billion	Low importance. A significantly larger than expected increase may lead to lower mortgage interest rates.
Trade Data	Thursday, Sept. 9, 8:30 am, et	$48 billion deficit	Important. Affects the value of the dollar. A falling deficit may strengthen the dollar and lead to lower rates.
Weekly Jobless Claims	Thursday, Sept. 9, 8:30 am, et	485k	Important. An indication of employment. An increase in jobless claims may bring lower rates.
30-year Treasury Bond Auction	Thursday, Sept. 9, 1:15 pm, et	None	Important. $13 billion of bonds will be auctioned. Strong demand may lead to lower mortgage rates.

FOCUS ON:
Trade Data

In the distant past the US economy tended to be viewed as relatively unaffected by economic activity in other countries. However, increased trades with other countries and an increased reliance on foreign purchases of US debt have generated a market awareness of trade-related issues. The exchange rate of the dollar and foreign trade flows are interrelated. One must buy dollars to purchase US exports, and sell dollars to buy imports. Likewise, foreign investment in US debt requires the purchase of US dollars, and is thus affected by exchange rates.

Each month the Commerce Department gathers an enormous amount of detailed data on exports and imports. The data is broken between goods and services trade. The overall trade balance is the dollar difference between US exports and imports on a seasonally adjusted basis. The report also highlights trade flows between the US and various partners. Since the mid-1970’s, US imports of consumer and capital goods have exceeded exports, so a merchandise trade deficit has existed. The US has always maintained a service trade surplus, and because this surplus is not enough to offset the merchandise trade deficit, a net export deficit has resulted.

Because of the overwhelming amount of data considered, trade is difficult to forecast, and can present surprises. For a variety of reasons, the financial markets will often be unaffected by surprises in trade data. However, the data still has the ability to cause mortgage interest rate volatility.

Jeffrey D Mintz, MLO 18952

The information contained herein is derived from sources deemed to be reliable. No warranty is either expressed or implied as to their fitness for use for any particular purpose. Do not make financial decisions based upon the information contained herein.

Posted by Jeffrey D Mintz, MLO 18952 on September 5th, 2010 6:21 PMPost a Comment (0)

Subscribe to this blog

September 02, 2010 - Mid-day Market Report

September 2nd, 2010 12:44 PM

CURRENT MARKET: 9/2/10 12:36 PM

The market is unchanged since today's pricing.

NEWS:

Mortgage bond prices are lower Thursday adding to the small loss seen Wednesday afternoon. Rates are under pressure as mortgage companies sell bonds to cover borrowers who have locked.

In news released this morning, weekly jobless claims rose 472K last week and continuing claims stood at 4,456K. Analysts were expecting claims to stand at 475K and 4,435K respectively. This data was near expectations. Taken with the ADP report released yesterday, which was much worse than expected (jobs fell 10K vs. an expected 14K increase), adds to the suspense for the BLS data set for tomorrow morning.

Lastly, factory orders rose 0.1%. That data was near expectations.

Traders will spend the day watching stocks as they debate the employment report set for tomorrow morning. It would not be uncommon to see bond trading be very choppy with a negative bias as the day trades along. Higher stocks will only add pressure.

When discussing locking with borrowers, let them know how volatile the market can become with the release of the jobs report. The non-farm payroll report is the 800# gorilla of all economic data. If the numbers shock to the upside (more jobs created than expected) the sell-off can be quick and severe. Current expectations are for the creation of 44,000 jobs and the unemployment rate to stand at 9.6%.

MARKET INDICES

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Unchanged	2	0.0625

4.875%-5.25%	Better by 1/8	4	0.125

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Better by 1/8	4	0.125

4.875%-5.25%	Unchanged	3	0.09375

15 Year Conventional	Better by 1/8	5	0.15625

15 Year FHA/VA	Better by 1/8	5	0.15625

7/23 Conventional	Unchanged	1	0.03125

5/25 Conventional	Unchanged	1	0.03125

Instrument	Current Yield	Change

10 Year Treasury	2.62%	-12

30 Year Treasury	3.72%	-45

Dow Jones	10,281	11

NASDAQ	2,192	15

Ginnie Mae 4%	103:22	-5

Fannie Mae 4%	103:4	-4

EVENT CALENDAR

Thursday, Sep 2, 2010
Factory Orders @ 10 am et

Friday, Sep 3, 2010
Employment @ 8:30 am et

Jeffrey D Mintz, MLO 18952

Posted by Jeffrey D Mintz, MLO 18952 on September 2nd, 2010 12:44 PMPost a Comment (0)

Subscribe to this blog

Tuesday, August 31, 2010 - Mid-afternoon Market Report - All Quiet on the Mortgage Front

August 31st, 2010 1:47 PM

CURRENT MARKET: 8/31/10 1:37 PM

The market is unchanged since Tuesday pricing was completed

COMMENTARY
10:00 am Price

Mortgage bond prices were higher Tuesday morning adding to the gains seen Monday afternoon. Rates are finding support from weak stocks.

In news released this morning, consumer confidence stood at 53.5, much better than expectations for a read of 49.9. This data reversed losses in stocks and pressured MBS prices.

Traders will spend the day watching stocks to help gauge interest rate direction as they wait for the release of the minutes from the last Fed meeting. The data will be released at 2:00 pm ET. Traders will be looking for what actions the Fed may take should the economy continue to slide. At pricing the DOW was higher by 14-points.

CURRENT INDICES

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Unchanged	1	0.03125

4.875%-5.25%	Unchanged	1	0.03125

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Unchanged	1	0.03125

4.875%-5.25%	Unchanged	0	0

15 Year Conventional	Unchanged	2	0.0625

15 Year FHA/VA	Unchanged	2	0.0625

7/23 Conventional	Unchanged	2	0.0625

5/25 Conventional	Unchanged	2	0.0625

Instrument	Current Yield	Change

10 Year Treasury	2.48%	14

30 Year Treasury	3.55%	20

Dow Jones	10,055	45

NASDAQ	2,125	5

Ginnie Mae 4%	104:1	5

Fannie Mae 4%	103:14	6

Event Calendar:

Wednesday, Sep 1, 2010
ADP Employment @ 8:30 am et

Wednesday, Sep 1, 2010
ISM Index @ 10 am et

Wednesday, Sep 1, 2010
Construction Spending @ 10 am et

Wednesday, Sep 1, 2010
Revised Q2 Productivity @ 8:30 am et

Wednesday, Sep 1, 2010
Factory Orders @ 10 am et

Friday, Sep 3, 2010
Employment @ 8:30 am et

Jeffrey D Mintz, MLO 18952

Posted by Jeffrey D Mintz, MLO 18952 on August 31st, 2010 1:47 PMPost a Comment (0)

Subscribe to this blog

Thursday, August 26, 2010 - Midday Market Report

August 26th, 2010 1:07 PM

CURRENT MARKET: 8/26/10 12:56 PM

The market is unchanged since Thursday 's ratesheet

Commentary & News:
Price

While Mortgage bond prices where positive this morning yesterday's losses could not be erased.

Weekly jobless claims 473k, expected 490k, continued claims 4.456m, expected 4.5m. This data was not bond friendly and the entire bond market was actually better prior to the release.

We have a 7 YR auction this afternoon. Yesterday's 5 YR auction sent mortgage bonds tumbling lower and rates higher so that is always a concern heading into this afternoon.

CURRENT INDICES:

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Unchanged	1	0.03125

4.875%-5.25%	Unchanged	0	0

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Unchanged	1	0.03125

4.875%-5.25%	Unchanged	0	0

15 Year Conventional	Unchanged	1	0.03125

15 Year FHA/VA	Unchanged	1	0.03125

7/23 Conventional	Worse by 1/8	-1	-0.03125

5/25 Conventional	Worse by 1/8	-1	-0.03125

Instrument	Current Yield	Change

10 Year Treasury	2.53%	2

30 Year Treasury	3.57%	3

Dow Jones	10,038	-22

NASDAQ	2,134	-7

Ginnie Mae 4%	103:18	2

Fannie Mae 4%	102:31	2

Event Calendar:

Thursday, Aug 26, 2010
Weekly Jobless Claims @ 8:30 am ET

Thursday, Aug 26, 2010
7-year Treasury Note Auction @ 1:15 pm ET

Friday, Aug 27, 2010
Q2 GDP second revision @ 8:30 am ET

Friday, Aug 27, 2010
U of Michigan Consumer Sentiment @ 10:00 am ET

Jeffrey D Mintz, MLO 18952

The information contained herein is believed to be true and was derived from sources deemed to be reliable. No warranty is either expressed or implied as to their fitness for use for any particular purpose. Do not make financial decisions based upon the information contained herein.

Posted by Jeffrey D Mintz, MLO 18952 on August 26th, 2010 1:07 PMPost a Comment (0)

Subscribe to this blog

Tuesday, August 24, 2010 - Midday Market Report - Oh, Those Home Sales!

August 24th, 2010 12:51 PM

CURRENT MARKET: 8/24/10 12:37 PM

The market is worse by 1/8 since Tuesday 's ratesheet

Existing home sales fell 27.2%, weaker than the expected 4.3% decline, Treasury auction this afternoon.

COMMENTARY:

Mortgage bonds are slightly negative, wiping out yesterday afternoon's small gains.

Existing home sales fell 27.2%, weaker than the expected 4.3% decline. Previously such news was good for bonds but at this point the market may just be numb to this continual knell.

The Treasury Auction this afternoon will feature record debt entering the market. Will the results be positive for mortgage rates? Hopefully, demand will be there.

The Dow is off close to 100 in a continuation of its recent downward swoon.

CURRENT INDICES:

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Worse by 1/8	-3	-0.09375

4.875%-5.25%	Worse by 1/8	-3	-0.09375

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Worse by 1/8	-1	-0.03125

4.875%-5.25%	Worse by 1/8	-1	-0.03125

15 Year Conventional	Unchanged	1	0.03125

15 Year FHA/VA	Unchanged	1	0.03125

7/23 Conventional	Unchanged	3	0.09375

5/25 Conventional	Unchanged	3	0.09375

Instrument	Current Yield	Change

10 Year Treasury	2.52%	28

30 Year Treasury	3.58%	59

Dow Jones	10,078	-96

NASDAQ	2,134	-25

Ginnie Mae 4%	103:13	5

Fannie Mae 4%	102:24	4

ECONOMIC CALENDAR:

Tuesday, Aug 24, 2010
Existing Home Sales @ 10:00 am ET

Tuesday, Aug 24, 2010
2-year Treasury Note Auction @ 1:15 pm ET

Wednesday, Aug 25, 2010
Durable Goods Orders @ 8:30 am ET

Wednesday, Aug 25, 2010
New Home Sales @ 10:00 am ET

Wednesday, Aug 25, 2010
5-year Treasury Note Auction @ 1:15 pm Et

Thursday, Aug 26, 2010
Weekly Jobless Claims @ 8:30 am ET

Thursday, Aug 26, 2010
7-year Treasury Note Auction @ 1:15 pm ET

Friday, Aug 27, 2010
Q2 GDP second revision @ 8:30 am ET

Friday, Aug 27, 2010
U of Michigan Consumer Sentiment @ 10:00 am ET

Jeffrey Mintz, MLO 18952

Posted by Jeffrey D Mintz, MLO 18952 on August 24th, 2010 12:51 PMPost a Comment (0)

Subscribe to this blog

August 22, 2010 - A Look Back at the Week That Was and a Look Forward at the Week That Will Be

August 22nd, 2010 11:29 PM

LAST WEEK

Mortgage bond prices rose last week helping recover some recent losses. The week began with weaker stocks helping the mortgage bond market. Overall trading was choppy, with data coming in inviting rates to both higher and lower levels. Mid-week's higher than expected core producer price index data helped erase most of the Monday morning improvements. However, this was countered with higher jobless claims on Thursday, pressuring stocks and rates lower. Rates fell by about 1/8 of a discount point for the week.

THIS WEEK

The GDP data will be the most important release this week. The Treasury auctions will continue to receive focus as record debt continues to hit the financial markets.

FOCUS ON:
Bailout

It was August 2007 when rates on jumbo loans disconnected from reality and skyrocketed. This was the beginning of the credit crisis, which to some extent has touched everybody on the planet.

Since then we have been through trillion dollar bailouts, a near collapse of the banking and automotive industries, a stock market in freefall and house prices not too far behind. Stocks have recovered somewhat, and in some places housing is showing some life as well. Most economic pundits believe that we are not out of the woods yet and things may become worse before they get better.

The good news is that, through actions by the Federal Reserve, interest rates are at all time lows, presenting opportunities for many homeowners to receive a self funded bailout by dramatically reducing the interest rate on their mortgages. Nobody knows how low rates will go but there is certainty that rates are at historic lows and they will not last forever. Saving money today makes a lot of sense in these difficult and uncertain times. It always makes sense to lock in to a new low and then hope for future improvement.

THIS WEEK'S ECONOMIC REPORTS:

Economic Indicator	Release Date & Time	Consensus Estimate	Analysis
Existing Home Sales	Tuesday, Aug. 24, 10:00 am, et	Down 4.3%	Low importance. An indication of mortgage credit demand. A significant decrease may lead to lower rates.
2-year Treasury Note Auction	Tuesday, Aug. 24, 1:00 pm, et	None	Important. $37 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.
Durable Goods Orders	Wednesday, Aug. 25, 8:30 am, et	Up 3.0%	Important. An indication of the demand for “big ticket” items. Weakness may lead to lower rates.
New Home Sales	Wednesday, Aug. 25, 10:00 am, et	Up 2.4%	Important. An indication of economic strength and credit demand. Weakness may lead to lower rates.
5-year Treasury Note Auction	Wednesday, Aug. 25, 1:00 pm, et	None	Important. $36 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.
Weekly Jobless Claims	Thursday, Aug. 26, 8:30 am, et	530k	Important. An indication of employment. An increase in jobless claims may bring lower rates.
7-year Treasury Note Auction	Thursday, Aug. 26, 1:00 pm, et	None	Important. $29 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.
Q2 GDP second revision	Friday, Aug. 27, 8:30 am, et	Up 1.4%	Important. The aggregate measure of US economic production. Weakness may lead to lower rates.
U of Michigan Consumer Sentiment	Friday, Aug. 27, 10:00 am, et	70	Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates.

Regards,
Jeffrey D Mintz, MLO 18952

Posted by Jeffrey D Mintz, MLO 18952 on August 22nd, 2010 11:29 PMPost a Comment (0)

Subscribe to this blog

Friday, August 20, 2010 - Market Open - All Quiet on the Mortgage Front

August 20th, 2010 9:50 AM

CURRENT MARKET: 8/20/10 9:44 AM

The market is unchanged since Thursday 's ratesheet

COMMENTARY:

Mortgage bond prices added to Thursday afternoon's gains by opening slightly higher on Friday

With no economic news set for release today, traders will spend the day watching stocks to help gauge interest rate direction.

MARKET INDICES:

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Unchanged	3	0.09375

4.875%-5.25%	Unchanged	1	0.03125

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Unchanged	3	0.09375

4.875%-5.25%	Unchanged	0	0

15 Year Conventional	Better by 1/8	4	0.125

15 Year FHA/VA	Better by 1/8	4	0.125

7/23 Conventional	Unchanged	1	0.03125

5/25 Conventional	Unchanged	1	0.03125

Instrument	Current Yield	Change

10 Year Treasury	2.58%	-3

30 Year Treasury	3.63%	10

Dow Jones	10,219	-52

NASDAQ	2,174	-5

Ginnie Mae 4%	103:11	-6

Fannie Mae 4%	102:23	-5

Event Calendar:

No economic releases scheduled for today.

Jeffrey Mintz, MLO 18952

The information contained herein is believed to be true and was derived from sources deemed to be reliable. No warranty is either expressed or implied as to their fitness for use for any particular purpose. Do not make financial decisions based upon the information contained herein.

Posted by Jeffrey D Mintz, MLO 18952 on August 20th, 2010 9:50 AMPost a Comment (0)

Subscribe to this blog

Wednesday, August 18, 2010 - Market Open

August 18th, 2010 9:21 AM

CURRENT MARKET: 8/18/10 9:13 AM

The market is Worse by 1/8 since Tuesday 's ratesheet

Commentary & News:
Open

Mortgage bond prices opened near unchanged to lower on Wednesday morning hardly a great open considering the losses late in the day on Tuesday.

With no economic news set for release today, traders will watch stocks to help gauge interest rate direction. Currently DOW futures indicate a flat to lower opening for the index.

MARKET INDICES:

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Worse by 1/8	-2	-0.0625

4.875%-5.25%	Worse by 1/4	-6	-0.1875

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Worse by 1/4	-6	-0.1875

4.875%-5.25%	Worse by 3/8	-9	-0.28125

15 Year Conventional	Worse by 1/8	-1	-0.03125

15 Year FHA/VA	Worse by 1/8	-1	-0.03125

7/23 Conventional	Better by 1/4	8	0.25

5/25 Conventional	Better by 1/4	8	0.25

Instrument	Current Yield	Change

10 Year Treasury	2.59%	14

30 Year Treasury	3.71%	34

Dow Jones	10,406	Closed

NASDAQ	2,209	Closed

Ginnie Mae 4%	103:9	-3

Fannie Mae 4%	102:18	1

EVENT CALENDAR:

Thursday, Aug 19, 2010
Weekly Jobless Claims @ 8:30 am ET

Thursday, Aug 19, 2010
Leading Economic Indicators @ 10:00 am ET

Thursday, Aug 19, 2010
Philadelphia Fed Survey @ 10:00 am ET

Jeffrey D Mintz, MLO 18952

The information contained herein is believed to be true and was derived from sources deemed to be reliable. No warranty is either expressed or implied as to their fitness for use for any particular purpose. Do not make financial decisions based upon the information contained herein.

Posted by Jeffrey D Mintz, MLO 18952 on August 18th, 2010 9:21 AMPost a Comment (0)

Subscribe to this blog

Tuesday, August 17, 2010 - 10:00 Pricing

August 17th, 2010 10:30 AM

CURRENT MARKET: 8/17/10 10:24 AM

The market is worse by 1/8 since Tuesday 's ratesheet

Commentary & News:
10:00 am ET Pricing

Mortgage bond prices remain lower Tuesday morning adding to the losses seen Monday afternoon. Rates are under pressure from both data released this morning and strong stocks.

In news released at the open, housing starts stood at 546K. Analysts were expecting starts at 555K. Also, producer prices rose 0.2% and the core rate, which excludes the volatile food and energy costs, rose 0.3%. Traders were expecting PPI to rise 0.2% and 0.1% respectively. This data was mixed with lower housing but higher inflation.

Industrial production rose 1.0% and capacity utilization stood at 74.8. Economists’ estimates were for production to rise 0.6% and utilization at 74.5. Both reports were better than expected further pressuring rates.

Traders will spend the day watching stocks to help gauge interest rate direction. At pricing the DOW was higher by 52-points.

In other news, the Fed will begin purchasing shorter-term treasuries with maturing MBS holding.

MARKET INDICES:

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Worse by 1/8	-2	-0.0625

4.875%-5.25%	Unchanged	0	0

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Unchanged	0	0

4.875%-5.25%	Worse by 1/8	-2	-0.0625

15 Year Conventional	Worse by 1/8	-1	-0.03125

15 Year FHA/VA	Worse by 1/8	-1	-0.03125

7/23 Conventional	Worse by 1/8	-1	-0.03125

5/25 Conventional	Worse by 1/8	-1	-0.03125

Instrument	Current Yield	Change

10 Year Treasury	2.62%	-14

30 Year Treasury	3.73%	-11

Dow Jones	10,350	48

NASDAQ	2,200	18

Ginnie Mae 4%	103:15	-7

Fannie Mae 4%	102:18	-9

Jeffrey D Mintz, MLO 18952

Posted by Jeffrey D Mintz, MLO 18952 on August 17th, 2010 10:30 AMPost a Comment (0)

Subscribe to this blog

Monday, August 16, 2010 - Market Open

August 16th, 2010 8:46 AM

CURRENT MARKET: 8/16/10 8:35 AM

The market is better by 3/8 since Friday 's ratesheet

NEWS:
Open

Mortgage bond prices opened higher Monday morning adding to the gains seen Friday afternoon. Rates are finding support from weak stock futures, an indication the DOW Jones index will open lower.

With no significant news set for release today, traders will watch stocks to help gauge interest rate direction. Stocks begin trade at 9:30 am ET.

MARKET INDICES:

Change since pricing	In discount points	In 32's	Decimal

30 Year Conv (FNMA MBS)

4.375%-4.75%	Better by 3/8	13	0.40625

4.875%-5.25%	Better by 1/4	9	0.28125

30 Year FHA/VA (GNMA MBS)

4.375%-4.75%	Better by 3/8	14	0.4375

4.875%-5.25%	Better by 3/8	15	0.46875

15 Year Conventional	Better by 1/4	9	0.28125

15 Year FHA/VA	Better by 1/4	9	0.28125

7/23 Conventional	Better by 1/4	8	0.25

5/25 Conventional	Better by 1/4	8	0.25

Instrument	Current Yield	Change

10 Year Treasury	2.62%	17

30 Year Treasury	3.78%	48

Dow Jones	10,303	Closed

NASDAQ	2,173	Closed

Ginnie Mae 4%	103:22	5

Fannie Mae 4%	102:28	6

Event Calendar:

Tuesday, Aug 17, 2010
Housing Starts @ 8:30 am ET

Tuesday, Aug 17, 2010
Producer Price Index @ 8:30 am ET

Tuesday, Aug 17, 2010
Industrial Production @ 9:15 am ET

Tuesday, Aug 17, 2010
Capacity Utilization @ 9:15 am ET

Thursday, Aug 19, 2010
Weekly Jobless Claims @ 8:30 am ET

Thursday, Aug 19, 2010
Leading Economic Indicators @ 10:00 am ET

Thursday, Aug 19, 2010
Philadelphia Fed Survey @ 10:00 am ET

Jeffrey D Mintz, MLO 18952

The information contained herein is believed to be true and was derived from sources deemed to be reliable. No warranty is either expressed or implied as to their fitness for use for any particular purpose. Do not make financial decisions based upon the information contained herein.

Posted by Jeffrey D Mintz, MLO 18952 on August 16th, 2010 8:46 AMPost a Comment (0)

Subscribe to this blog