Jeff Jensen's Blog

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

ARCHIVED BLOG POSTS

2012 

After yesterday's selloff in response the lack of a new round of quantative easing in the Fed minutes, stocks had more bad news this morning but this time from Europe.  A Spanish treasury auction went poorly and generated yields that will make it extremely challenging for them to continue to carr...
04/04/2012
Mortgage backed securities (MBS) closed up 44 basis points today at 102.56 having made up a lot of the ground they lost yestereday and reached up to within 15 basis points of the tough double resistance offered by the 25 and 100 day moving averages.  Traders were consolidating short sold postiion...
04/04/2012
A seventh consecutive month of dwindling production in the Eurozone is creating a real fear of recessiion there.  Recessions have a tendency to spread around the globe as are markets are so intertwined in this age of computer trading and 24/7 availability.  Our economy is just beginning to solidi...
04/02/2012
Mortgage backed securities (MBS) closed up 22 basis points today at 102.94 having managed to close above botht eh25 and 100 day moving averages.  The 50 day moving average lies just 21 basis points above.  All this technical jargon and achievement bodes well for MBS bonds in the short run.  MBS b...
04/02/2012
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