November 15th Mortgage Market Wrap-up 7

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

At last!  Mortgage backed securities (MBS) finally stopped the bleeding today after four consecutive days of heavy losses.  MBS bonds closed up 41 basis points today at 100.56.  The bond can now be found below all the moving averages with the nearest being now just 236 basis points above.  The 30 year was at 4.00% today but with continued improvement may fall back into the 3s tomorrow.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the U.S. history tells us it is time to refinance!!  Please call at 203-981-8282.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Mortgage / Finance

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
602,186
Kathy Stoltman
Rockwood Realty - Ventura, CA
Ventura County Real Estate Consultant 805-746-1793

Thanks Jeff for this update. I think the markets maybe a bit jumpy for the near future!

Nov 15, 2016 06:36 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,140,447

Jeff Jensen

Ask me a question
*
*
*
*
Spam prevention