ARCHIVED BLOG POSTS
2008
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MBS prices are up +7/32 (FNMA 30yr 6.0 at 99.87), above the initial morning price level at +4/32. It was a relatively quiet session. CPI inflation came in higher than expected, but investors looked at the large decline in energy prices over the past few weeks and anticipated lower future readings...
08/15/2008
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MBS (Mortgage Backed Securities) prices are down -6/32 (FNMA 30yr 6.0 at 99.59), well below the initial price level at +5/32. Unfavorable repricing took place. Today's economic reports on Retail Sales and Import Prices came in very close to expectations and had little impact. Oil and other commod...
08/13/2008
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MBS (Mortgage backed securities) prices are up +8/32 (FNMA 30yr 6.0 at 99.81), above the initial price level at +5/32. MBS markets rallied due to expectations for economic weakness and a decline in the stock market. The Dow lost about 140 points. During an interview, the Fed's Stern suggested tha...
08/12/2008
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I am pleased to join you on the active rain web site. I am an experienced loan originator and a Certified Mortgage Planning Specicalist. I specialize in jumbo and super jumbo loans in lower Fairfield County from Fairfield to Greenwich. I am available 7 days a week, offer immediate service with...
08/12/2008