Market Comment

Mortgage Bonds are starting this holiday shortened trading week slightly higher. Stocks around the globe are higher this morning, thanks to some renewed confidence in European Banks after speculation that the stress tests are showing that European banks are stronger than previously perceived. I recommend floating for now, as I monitor the situation for you. I will keep you posted on any major developments.

Leonard Winslow, New American Mortgage, Charlottesville
NMLS # 265272
434-760-2580 (cell)
leonard.winslow@newamerican.com
www.newamerican.com/leonard.winslow
Licensed by the Virginia State Corporation Commission. License #: MC-5112, V2563958, MLO-4817VA