May 20th Mortgage Market Wrap-up 15

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

Mortgage backed securities were up 22 basis points today at 99.97 having closed 492 points below the 200 day moving average. The conforming rate is at 5.00% today.  My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was around 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.

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