Mortgage backed securities (MBS) market closed up 3 basis points today at 103.50 having closed 289 points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. 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.
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Jeff Jensen right now is a great time to purchase or refinance. I can't see the rates getting much lower.
May 22, 2020 04:32 PM
Comments(1)