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

ARCHIVED BLOG POSTS

2018 

Mortgage backed securities (MBS) closed flat Thursday at 102.59 having closed 6 basis points below the 50 day moving average .  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the U.S. histo...
03/30/2018
Mortgage backed securities (MBS) closed up 6 basis points today at 102.59 having closed 9 basis points below the 50 day moving average once again.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere el...
03/28/2018
As Holy week approaches, markets here will begin to slow down and will close all together on Good Friday.  As traders begin to slip away from their exchanges, the small pool of remaining traders couldbe influenced by minor changes in companies being traded cauing large market swings   Similarly g...
03/28/2018
Mortgage backed securities (MBS) closed down 6 basis points today at 102.53 having closed 15 basis points below the 50 day moving average once again.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere...
03/28/2018
Domestic stocks made up for some dismal sessions by shooting upward like a geyser today.  All three major U.S. indices had their  largest one day gains in two and a half years.  Mortgage bonds did well to lose only 9 basis points in the face of such a tidal  wave of an equity tsunami.  The spark ...
03/26/2018
Mortgage backed securities (MBS) closed down 9 basis points today at 102.25 having closed 5 points below the 10 and day moving average once again.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere el...
03/26/2018
Well as Fed week comes to an end Jerome Powell continues to have a deleterious effect on stocks.  Two appearances before congress and his first ever post Open Committee new conference have basically left domestic stocks hemorrhaging.  Hopefully next week will bring better results.  Fears of war, ...
03/23/2018
Mortgage backed securities (MBS) closed flat today at 102.34 having closed above both the 10 and 25 day moving averages once again.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the U.S. ...
03/23/2018
It took an awful lot of losses in the stock market to yield just a 12 point gain in mortgage backed securities today.  Concerns about China, trade wars, higher inflation and a possible government shut down sent equities reeling.  The yield on the 10 year Treasury fell to 2.82% as a result.  The g...
03/22/2018
Mortgage backed securities (MBS) closed up 12 basis points today at 102.34 having closed above both the 10 and 25 day moving averages.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the U....
03/22/2018
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