Jeff Jensen's Blog

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

ARCHIVED BLOG POSTS

2017 

This is Fed week once again with the Fed holding its Open Market Committee tomorrow.   ADP will offer its take on last month's non government job creation in advance of the government's version on Friday.  Historically there have been large  gaps between the numbers in both reports causing questi...
05/02/2017
Mortgage backed securities (MBS) closed up16 basis points (bps) today at 102.81 having risen to within71 basis points of resistance offered by the 200 day moving average.  The 30 year conforming remained at 4.125% today.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in...
05/02/2017
With inflation extremely low and the economy barely growing during the first quarter, how can the Fed justify any more rate hikes in the near future.  The Personal Consumption Expenditure (PCE) was minus .1% last month and, as we recently heard, the economy grew only .7% in the first quarter of 2...
05/01/2017
Mortgage backed securities (MBS) closed down 12 basis points (bps) today at 102.66 having fallen to 87 points below resistance offered by the 200 day moving average.  The 30 year conforming remained at 4.125% today.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the ...
05/01/2017
Rainmaker
1,608,169

Jeff Jensen

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