ARCHIVED BLOG POSTS
2017
0
Comments
It looks as if our extended summer here in Connecticut is really going to come to an end this time. Last week we had temperatures in the 70s during the instead of the normal 58 degree temperature at this time in the year. A quick look at my i-phone show low temperatures as low as 23 in the next...
11/07/2017
0
Comments
Mortgage backed securities (MBS) closed up 9 basis points today at 103.09 having broken through resistance offered by the 100 day moving average and finished the day just 2 basis point below resistance offered by the 50 day moving average. The 30 year was available at 4.00% today. The 30 year ju...
11/06/2017
0
Comments
We have had three important days to end the first week in November. On Wednesday the Fed chose not to raise interest rates, Thursday President Trump decided on Jay Powell, an attorney and former investment banker at the new Chairman of The Federal Reserve and today we had the non-farm payrolls c...
11/03/2017
0
Comments
Mortgage backed securities (MBS) closed up 12 basis points today at 102.97 having remained above support offered by the 10 and 200 day moving averages finished the day 8 basis point below resistance offered by the 100 day moving average. The 30 year was available at 4.00% today. The 30 year jumb...
11/03/2017
1
Comments
Mortgage backed securities (MBS) closed up 6 basis points today at 102.84 having remained above support offered by the 10 and 200 day moving averages finished the day just 1 basis point below resistance offered by the 25 day moving average. The 30 year was available at 4.00% today. The 30 year j...
11/02/2017
If you encounter buyers who need solutions like these, please call me at 203-981-8282. Here are 5 popular niches that will help you close more deals: 80% LTV with an outside 2nd to 90% CLTV. The full down can be a gift. Up to 47% DTI. 6 months in reserves. Wow. (Full Doc) Exclude the ...
11/02/2017
Well November blew in with temperatures in the 30s and tomorrow is just 3 weeks before Thanksgiving. In the banking business this is the month during which we have to finish up the mandatory federal banking courses we have to complete each year. The courses contain some of the most brutally dry...
11/01/2017
0
Comments
Mortgage backed securities (MBS) closed flat today at 102.75 having remained above support offered by the 10 and 200 day moving averages finished the day just 10 basis points below resistance offered by the 25 day moving average. The 30 year was available at 4.125% today. The 30 year jumbo was a...
11/01/2017