Tuesday, March 25, 2014

Breaking News ... (RATE ALERT)

Consumer Confidence missed the mark ... Came in better than expected and this is a NEGATIVE FOR PRICING/RATES ... 

Consumer Confidence: 82.3 vs est 78.6, this will pressure pricing to the negative.

Richmond Fed Manufacturing -7 vs est of -1..worse than expected but not a factor in pricing.

New Home Sales at 440K vs est of 445K..very close to the mark, not a factor in pricing.

Robert F. Rosenbaum, Jr. 
The Rosenbaum Lending Group
1st Portfolio Lending Corp.
8300 Boone Blvd., Ste 200
Vienna, VA 22182
(703) 879-5200  Office
(703) 608-1110  Cellular
(703) 891-9815  Direct Fax
NMLS License: 649782

Licensed in DC MD VA DE and PA
Notary Public

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