April 13th Mortgage Market Wrap-up 10

Mortgage backed securities (MBS) closed up 9 basis points today at 102.25 resting 12 points below resistance offered by the 25 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.