Jeff Jensen's Blog

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Mortgage and Lending - The Federal Savings Bank/Lending in 50 states - NMLS # 109616
RECENT BLOG POSTS
Next week is Fed week beginning with the Fed's Open Market Committee on Tuesday morning and culminating with their announcement and the ensuring Janet Yellen news conference.  There is little chance of a rate hike this month but there may be some indication as to when the Fed will begin divesting...
07/21/2017
Mortgage backed securities (MBS) closed up 9 basis points today at 103.03 having remained above support offered by the 200 day moving average and closed 20 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was almost down to 4.125%.  Whether in New Engl...
07/21/2017
We offer an unparalled program for foreign nationals.  I have listed some of the highlights below. Call 203-981-8282 or email: jjensen@thefederalsavingsbank.com to learn more! Will lend up to 75% Loan to Value (LTV) ratio Foreign credit, income and assets accepted Social security number and U.S. ...
07/20/2017
Mortgage backed securities (MBS) closed down 3basis points today at 102.94 having remained above support offered by the 200 day moving average and closed 10 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was available at 4.25%.  Whether in New Englan...
07/20/2017
With interest rates still at historic lows, now is the time to act on your multifamily loan needs.  The multifamily loan program was designed with your success in mind. Whether your goal is to grow your portfolio, improve returns on existing assets or meet other financial objectives, we have the ...
07/20/2017
Mortgage backed securities (MBS) closed down 3 basis points today at 102.88 having remained above support offered by the 200 day moving average and closed 4 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was available at 4.25%.  Whether in New Englan...
07/20/2017
With the Fed wobbling on interest rates and political consternation in Washington left equity markets here without much direction.  A wild flurry in Netflix stock and continued advancement by Amazon kept the tech heavy NASDAQ marching along today while a barrel of West Texas crude fell to $40.  G...
07/18/2017
Mortgage backed securities (MBS) closed up 25 basis points today at 102.94 having broken through resistance offered by the 200 day moving average and closed 7 basis points above it. The 30 year conforming dropped to 4.00% today while the 30 year jumbo was available at 4.25%.  Whether in New Engla...
07/18/2017
After days of setting new records stocks were slightly down today as traders await another full round of earnings reports.  Traditionally Alcoa is the  first company to report.  With housing starts usually strong this time of year, Alcoa should have good news for investors.  Coincidentally report...
07/17/2017
Mortgage backed securities (MBS) closed up 7 basis points today at 102.69 having remained above support offered by the 100 day moving average and closed 12 basis points above it. The 30 year conforming remained at 4.125% today while the 30 year jumbo was available at 4.25%.  Whether in New Englan...
07/17/2017
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