Jeff Jensen's Blog

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

ARCHIVED BLOG POSTS

2015 

Buy Now and Save Every MonthThe fed has been holding interest rates down since 2008.  The two important elements to their decision making equation are the U.S. economy, using the strength of the labor market as a measure, and reaching the goal of 2% inflation.  They are getting close on the labor...
09/09/2015
Stocks started the day off with some nice gains as the Shanghai exchange gained over 2% overnight.  World Bank economist and the International Monetary Fund have asked the Fed to keep rates where they are in recent days.  It will be interesting to see how the Fed reacts to being told what to do b...
09/09/2015
Mortgage backed securities (MBS) closed up 3 basis points today at 103.88 having briefly punched through tough support offered by the 200 day moving average prior to closing below it once again.  That left MBS above solid support and below challenging resistance.  Rates are still in an excellent ...
09/09/2015
Stocks began quickly out of the starting gate this morning as China had made more accommodative tweaks to its banking system.  The result caused positive results both in China and across the globe.  There will be $58 billion of Treasuries auctioned off this week.  Oil's recent resilience has also...
09/08/2015
Mortgage backed securities (MBS) closed down 12 basis points today at 103.84 having remained wedged between support offered by the 100 day moving average and tough resistance at the 200 day moving average just 27 basis points above.  There will be no economic reports tomorrow and there will be so...
09/08/2015
Stocks opened lower today in reaction to today's jobs report from the Bureau of Labor Statistics.  Although the number of jobs created fell short of the expected number.  At the same time the unemployment rate fell to 5.1%.  One reason this was able to occur in that there are currently 94 million...
09/04/2015
Mortgage backed securities (MBS) closed even today at 103.94 having remained above dual support offered by the 25 and 100 day moving averages and just 18 basis points below formidable resistance at the 200 day moving average.  A generally poor jobs report and a falling stock market did little hel...
09/04/2015
After yesterday's session was about  as pleasant for traders as the Little Big Horn was for Custer, what did today bring you may ask.  Well stock futures were up modestly this morning.  With no drastic news from China or the Euro-zone, some decent domestic economic news began to trickle onto the ...
09/02/2015
Mortgage backed securities (MBS) closed down 12 basis points today at 103.72 having fallen below dual levels of support offered by the 25 and 100 day moving averages prior to closing a scant 3 points above them.  The king of all resistance, the 200 day moving average sit just 40 points above.  Th...
09/02/2015
Rainmaker
1,583,389

Jeff Jensen

local_phone(203) 981-8282
smartphone(203) 981-8282
Contact The Author