ARCHIVED BLOG POSTS
2019
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Analytics firm Black Knight reported on Monday that due to the recent steep decline in mortgage rates, there are now nearly 5 million borrowers that could qualify for a refinance which would reduce their rate by 3/4s of a point. The report went on to reveal that the population of refinanceable bo...
04/01/2019
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Mortgage backed securities (MBS) closed down 28 basis points today at 102.53 having closed 111 points above support offered by the 200 day moving average. The conforming rate is at 4.25% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New Englan...
04/01/2019