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Happy Thanksgiving - 11/25

Posted 11-25-2009 at 11:12 AM by dlenski

Happy Thanksgiving
11/25/09 Mortgage Backed Securities are plus 6bp this morning. There is no more data being released today. Interest rates will end the week little changed. I have posted the high inpact news for next week at the bottom of the page. Next week should be a busy week. This report will not be updated on Friday the 27th.

Interesting numbers:

1 out of every 7 homes is in foreclosure. 1 out of every 4 homeowners owes more than what the property is worth.


Here is a list of high impact news being released next week. Chicago PMI will be released on Monday. THe ISM number will be released on Tuesday. Wednesday day we get an advanced look at the jobs number when ADP releases there job numbers. Friday we have 4 jobs numbers that will effect the markets.




www.mortgageserviceswi.com

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