ARCHIVED BLOG POSTS
2017
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Mortgage backed securities (MBS) were down 6basis points today at 103.81 having come to rest 122 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Midwe...
09/08/2017
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Mortgage backed securities (MBS) were up 19 basis points today at 103.88 having come to rest 129 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Midwe...
09/08/2017
As one would expect, MBS bonds had a difficult time remaining at the lofty level they achieved yesterday. Things actually would have been worse had the North Koreans not provided the malevolence needed to improve what could have occurred. Despite the firing of a missile straight over Japan, sto...
09/06/2017
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Mortgage backed securities (MBS) were down 12 basis points today at 103.69 having come to rest 111 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Mid...
09/06/2017
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If you have been thinking that the refinance boom has passed you by, it may behoove you to take another look. Mortgage backed securities, the underlying bonds which directly dictate conforming mortgage pricing, closed at their highest levels since mid November today. On the same trend play chee...
09/05/2017
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Mortgage backed securities (MBS) were up 34 basis points today at 103.81 having come to rest 124 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Midwe...
09/05/2017
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Every year on the 4th of July I think to myself, "the next thing we know it will be Labor Day". Sure enough we have arrived at Labor Day weekend. Does any one know who the Secretary of Labor is? His name is Alexander Acosta and he is a Miami native of Cuban descent. He graduated from Harvard ...
09/01/2017
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Mortgage backed securities (MBS) were down 12 basis points today at 103.47 having come to rest 90 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Midw...
09/01/2017
