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

ARCHIVED BLOG POSTS

2013 

Mortgage backed securities (MBS) closed down 6 basis points today at 102.88 having fallen down near the support level below prior to bouncing back up near yesterday's close.  There is still promise that MBS bonds will be able to get off the down staircase prior to hitting new lows for the year.  ...
02/15/2013
Early news revealed that the two European economies that had been the stalwarts in recent years had started sliding backward.  In fact both France and what was formerly known as the backbone of the Eurozone, Germany had negative growth in their fourth quarter GDPs.  With Greece, Spain and Italy s...
02/14/2013
Mortgage backed securities (MBS) closed up 35 basis points today at 102.94 having made a nice effort to bounce off the downward staircase they have been sliding down since early December.  Despite some positive economic news bonds were able to reverse their recent trend at least for today.  The l...
02/14/2013
Mortgage backed securities (MBS) closed down 12 basis points today having fallen down to support offered by the 103.00 level prior to coming to a close yet another day below the 200 day moving average.  In a weather created light trading session money moved from bonds to riskier investments like ...
02/08/2013
Conforming loan pricing is calculated directly based on movement in mortgage backed securities (MBS) with every 50 basis point movement in the price moving the rate up or down by .125% (one eighth of 1%).  MBS are securities traded in an open market just like U.S. Treasuries and other fixed incom...
02/07/2013
Mortgage backed securities (MBS) closed down 10 basis points today at 103.34 after having risen all the way up to touch the illusive resistance offered by the 200 day moving average before falling prior to the close.  The late session setback was enough to cause a reprice for the worse causing ma...
02/07/2013
Mortgage backed securities (MBS) closed up 19 basis points today at 103.44 having inched ever closer to the important resistance level offered by the 200 day moving average just 15 basis points above.  Stocks began the day with the Dow down over forty points before spending most of the day right ...
02/06/2013
With housing prices near their lows and interest rates near historic lows, now it a great time to approach your renters with an upated rent vs. buy comparison.  So many of the those who have been on the outside of the pursuit of the American Dream could now be poised to achieve their goal.  With ...
02/05/2013
After the delirium experienced last Friday as stock were up almost 150 points, yesterday's 129 point loss for the Dow Jones Industrials seemed like the beginning of the end of the 2013 post election rally.  But no!!  Today the old Dipsy Doogle came back into play as the Dow gained back almost all...
02/05/2013
Mortgage backed securities (MBS) closed down 34 basis points today at 103.22 having remained once again in the lowly channel below the 200 day moving average.  Bond traders likely have stiff necks these day.  For months they have been looking down with little body movement required.  For the past...
02/05/2013
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