Mortgage backed securities (MBS) closed down 22 basis points today at 101.06 after having been down as many as 41 basis points during the session. They remained below resistance offered by the 10, 25 and 50 day moving averages and come to rest 37 basis points below the 10 day. The 30 year was available at 4.25% today. The 30 year jumbo was at 4.375%. 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 203-981-828253
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!
Interest rates are rising fast. This will spur more buying before rates get even higher.
Jan 29, 2018 06:38 PM
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