April 4th Mortgage Market Wrap-up 10

Mortgage backed securities (MBS) closed down 3 basis points today at 102.44 having closed 15 basis points below the 50 day moving average.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  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.