December 26 2005

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For the week of Dec 26, 2005 --- Vol. 3, Issue 52

Special Holiday Issue
As your Trusted Advisor, I sincerely hope you have been enjoying your complimentary subscription to the MORTGAGE MARKET GUIDE WEEKLY. As the holidays are being observed, the next full issue will arrive on Monday, January 2nd.

The MORTGAGE MARKET GUIDE WEEKLY is the industry's leading publication of this type, and I am pleased to provide this valuable resource to you. If you feel any of your clients or associates would benefit from keeping up-to-date on market and economic trends in this easy to read format, please let me know, and I would be more than happy to add them free of charge.

Best wishes to you, and please do not hesitate to contact me if I may be of any assistance to you or your valued clients at this time!
The Week's Economic Indicator Calendar

The bond market should remain in “holiday mode” this week with a reduced economic calendar and the market closed on Monday December 26th. Given the quiet, lower volume holiday trading, it is not likely that there will be any dramatic change in home loan rates this week.

Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise.

Economic Calendar for the Week of December 26 – December 30
Date

ET

Economic Report

For

Estimate

Actual

Prior

Impact
Wed. December 28
10:00
Consumer Confidence
Dec

102.0



98.9

Moderate
Thu. December 29
08:30
Jobless Claims (Initial)
12/24

320K



318K

Moderate
Thu. December 29
10:00
Existing Home Sales
Nov

7.00M



7.09M

Moderate
Thu. December 29
10:30
Crude Inventories
NA





1300K

Moderate
Fri. December 30
10:00
Chicago PMI
Dec

60.0



61.7

Moderate

The material contained in this newsletter has been prepared by an independent third-party provider. The content is provided for use by real estate, financial services and other professionals only and is not intended for consumer distribution. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, there is no guarantee it is not without errors.

As your trusted advisor, I am sending you the MMG WEEKLY because I am committed to keeping you updated on the economic events that impact interest rates and how they may affect you.