Tuesday, July 30, 2013

The Mortgage Update 7/30/2013

Feeling confident today? The key data point today is consumer confidence and it’s not unreasonable to expect high trade volumes increasing volatility. Economists claim consumer confidence worsened this month, boosting demand for the sagest assets like MBS. Wednesday and Friday have huge potential to move the market. According to top economic analysts, data this week is likely to suggest the economic recovery is weaker than expected, which could mean good news for us.




No comments:

Post a Comment