Flat after market opens ................................2/7/08 6:45 AM

By: Matthew Graham • Thu, Feb 7 2008, 7:45 AM

The Jobless Claims fell 22,000 to 356,000. This was not as much of a decrease as analysts were expecting, so although the number is decreased, it's actually bad news for the economy and good news for mortgage rates.

MBS's are currently holding unchanged on the day after opening improved, they have given up ground.