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January 22nd Mortgage Market Wrap-up 13
Mortgage backed securities (MBS) market closed up 12 basis points today at 103.25having closed 46 points above the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. 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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