Mortgage backed securities (MBS) were down 6 basis points today at 103.28 having come to rest 65 points above support offered by the 200 day moving average. The 30 year conforming remained at 3.875% today. The 30 year jumbo was at 4.125%. 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 me at 203-981-8282.
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