November 13th Mortgage Market Wrap-up 11

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Mortgage backed securities (MBS) closed up 3 basis points today at 102.44 having closed 75 points above support offered by the 200 day moving average. The conforming rate is at 3.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million 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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Jeff Jensen

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