By Paul Walton, CMPS
(Cherry Creek Mortgage Co)
Terrific Thursday to all, Today's 30yr auction will move us either up or down, be careful. Initial un-employment filing are slightly up, Foreclosure filings are down (short sales). Choppy trading is likely today with both stocks and bonds. We opened lower than we closed yesterday however there is room to improve. Carefully float but be ready to lock........ MBS are down and not looking pretty at the present. Today" s charts Charting detailed is below http://mortgagecoach.utipu.com/app/invited/id/a17d20 Have a great day!