January 5th Mortgage Market Wrap-up 13

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

Mortgage backed securities (MBS) market closed down 25 basis points today at 103.69 having closed 110points 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.

Comments (2)

Brad Thomsen
Big Bear Realty - Edmonds, WA
Real Estate Services

Enjoyed your post today.

Have a Great 2021

Happy Selling!

Jan 05, 2021 02:54 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for sharing your market update post with us -- have a great week

Jan 05, 2021 03:25 PM