Mortgage Market Insight July 5, 2012

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Rates Forecast . Morning News; Unemployment Claims drop 374k forecast 385k last report 388k (revised from386k) ADP Non- Farm Employment Change nice surprise 176k forecast was 103k last report 136k ISM Non- Manufacturing PMI 52.1 forecast was 53.1 last report 53.7 ECB and China lower interest rates. Be cautious with the lofty levels of where bonds are.... Have a great day!

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