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Mortgage and Lending - The Federal Savings Bank/Lending in 50 states - NMLS # 109616
RECENT BLOG POSTS
After six consecutive losing sessions, despite the 10 year Treasury Bond having risen over the perilous 3/0% level to 3.03 and in the face of a stock market regaling in reaction to strong earnings numbers, MBS gained ground today.  Meanwhile oil was at nearly $69 per barrel, Durable goods orders ...
04/26/2018
Mortgage backed securities (MBS) closed up 28 basis points today at 101.62 rising to within 22 basis points below resistance offered by the 10 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or...
04/26/2018
With no economic reports being issued today, equity traders worried about the costs of higher interest putting pressure on borrowing costs for corporations and consumers alike.  While MBS bonds and Treasuries have been taking beatings for over a week today the losses were slight in comparison.Kee...
04/25/2018
Mortgage backed securities (MBS) closed down 10 basis points today at 101.34 falling to 75 basis points below resistance offered by the 10 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.625%.  Whether in New England, the Mid Atlantic or the Midwest or an...
04/25/2018
Interest rates are in great peril of increasing significantly based on technical levels.  Long lasting support levels for both mortgage backed securities and the ten year U.S. Treasury bonds.  The support level at 101,56 was broken today as the 4.0% coupon MBS bonds closed 11 point below it.  sim...
04/24/2018
Mortgage backed securities (MBS) closed down 12 basis points today at 101.44 falling to 58 basis points below resistance offered by the 10 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or any...
04/24/2018
This week is another big week for corporate earnings and the S & P stock futures surged ahead early in anticipation of some nice gains.  Meanwhile after several dates of losing ground, mortgage backed securities found themselves sliding backward still further.  Trending downward as well the 10 ye...
04/23/2018
Mortgage backed securities (MBS) closed down 9 basis points today at 101.59 falling to 53 basis points below resistance offered by the 10 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anyw...
04/23/2018
S & P stock futures looked to rise toward tte open today as good earnings reports from GE and Honeywell impressed traders.  It was nice to see GE with some improved numbers as the market has been down on the giant manufacturer of late.  The yield on the 10 year Treasury was at 2.91% today which i...
04/20/2018
Mortgage backed securities (MBS) closed down 22 basis points today at 101.72 falling to 51 basis points below resistance offered by the 10 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.375%.  Whether in New England, the Mid Atlantic or the Midwest or an...
04/20/2018
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