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Do you expect the home buyer tax credit extension to contribute to a noticeable pick up in loan production?

Created By: Adam Quinones
  • Yes, I anticipate an increase in activity (26.8%)
  • Only a modest upturn in production (45%)
  • Nope. 2009 demand stole from 2010 demand (28.2%)
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Monday 1/19…MLK Day

by Victor Burek -
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Today all markets are closed in honor of Martin Luther King, Jr. day.   

The week ahead is extremely light on economic data with no major market movers.  On Thursday, we get housing starts and jobless claims and other then some treasury auctions that is it for the week. 

Tomorrow we do get the inauguration of Barak Obama as the 44th President of the United States.  I hope all citizens of this great country can get behind him, whether you are republican, democrat, conservative or liberal he is our President for the next four years. 

Markets will be open for a full day of trading starting tomorrow.


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on
Vic, You found something to do without the War Room!!!
on
Maybe we will get lucky and the Fed will come out "Guns a blazin'" and buy the 4.0 coupon to give Mr Prez a welcome gift!!!!
on
Why would Wells Fargo put out rates for today much lower than Friday. Are they upset they got the day off?
on
Higher Than Friday in mean... Re: Wells rates today.... I hope it is not a sign of things to come these week.
on
Also, end of business Wednesday is SIFMAs Class C settlement date for 30YR GNMA MBS bonds.