Jeff Jensen's Blog

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

ARCHIVED BLOG POSTS

2017 

Mortgage backed securities (MBS) were down 16 basis points today at 103.03 having come to rest 17 basis points below resistance offered by the 10 day moving average. The 30 year conforming was available at 3.875% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or...
09/29/2017
0 Comments
Even though Holloween is still more than a month away, it seems the whole world in going bonkers for pumpkins.  Signs have been up advertising the annual pumpkin sale at the local Methodist church for weeks.  Fast food retaurants are advertising pumpkin milkshakes.  I have even seen an ad for pum...
09/29/2017
In Connecticut we have an organization called the Connecticut Real Estate Investors Association or CT REIA.  They have a monthly meeting which begins with some value networking and continues with some interesting and informative talks from both association leaders and industry figures.  After the...
09/29/2017
After all the record highs for the Dow Jones Industrials this year, today was the day for the S&P 500 to soar.  Surprisingly, the Dow. which has hit 40 record highs this year is not even close to the 70 record highs it achieved in 1997.  The NASDAQ which has had its share of records this year as ...
09/28/2017
Mortgage backed securities (MBS) were 9 basis points today at 103.19 having come to rest 20basis points below resistance offered by the 25 day moving average. The 30 year conforming was available at 3.875% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Mi...
09/28/2017
For most of the general public except for some with religious exemptions, normal W2 wage earners pay social security tax on up to $127,200 (the "wage base limit") for 2017.  That means that if you earn $50,000 or $100,000 or even the full $127,200, you pay a 6.2% tax on every penny you make.  You...
09/27/2017
Mortgage backed securities (MBS) were down a whopping 29 basis points today at 103.09 having come to rest 14 basis points below resistance offered by the 10 day moving average. The 30 year conforming was available at 3.875% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid ...
09/27/2017
Unfortunately some of us are forced into collecting social security long before they want to because they simply need the money.  In fact 48% of women and 42% of men file at 62.  Those who do file at 62 receive a 25% reduction of their benefits if their full retirement age is 66 and a 30% reducti...
09/26/2017
Mortgage backed securities (MBS) were flat today at 103.34 having come to rest just 7 basis points below resistance offered by the 25 day moving average. The 30 year conforming was available at 3.875% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Midwest...
09/26/2017
Mortgage backed securities (MBS) were up 12 basis today today at 103.34 having come to rest just 6 basis points below resistance offered by the 25 day moving average. The 30 year conforming was available at 3.875% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic o...
09/25/2017
Rainmaker
1,545,973

JeffJensen

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