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

ARCHIVED BLOG POSTS

2012 

Mortgage backed securities (MBS) closed down 16 basis points today at 104.56 having fallen further below the difficult double level of resistance offered by the 25 and 50 day moving averages.  The large red Japanese candlestick indicates that MBS bonds closed well above their lows for the day.  W...
12/13/2012
Mortgage backed securities (MBS) closed down 22 basis points today at 104.69 having fallen farther below formidable double resistance offered by the 25 and 50 day moving averages.  The Fed announced today that they would be buying $48 billion in long term Treasuries each month in addition to the ...
12/12/2012
Rates remained in a safe zone last week with the 30 year conforming ranging from 3.30 to 3.375% and the high balance conforming ending the week at 3.625%.  The jumbo 30 year was still available at is all time low 3.875%.  I still had a 5/1 fully amortizing ARM @ 2.5% and its interest only sibling...
12/11/2012
Mortgage backed securities (MBS) closed down 9 basis points at 104.91 today after opening down a step.  The MBS bonds fell below the 25 and 50 day moving averages today ending a strong run.  Optimism over reaching a solution drove money into stocks today and kept bonds at bay.  Stocks were up as ...
12/11/2012
MBS market – It is easy to get mesmerized and bored by watching the day to day and week to week charting of mortgage backed securities.  As we approach the end of another year, it seems fitting to step back and take a look at the larger picture.  This chart displays the trend of MBS bonds over t...
12/10/2012
Mortgage backed securities (MBS) closed up 22 basis points today at 105.25 having floated to a point a little higher than support offered by the 25 and 50 day moving averages.  Stocks were fairly tame today closing with small advances while MBS bonds enjoyed another day of positive trading.  Trad...
12/10/2012
Mortgage backed securities (MBS) closed up 6 basis points today at 105.25 having once again remained above double support offered by the 25 and 50 day moving averages.  Although quite close to the highs of all time, MBS bonds crept ever higher today.  Despite advances in foreign equity markets to...
12/03/2012
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