Jeff Jensen's Blog

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

ARCHIVED BLOG POSTS

2020 

The home purchase market continues to grow given the low rates and with most states reopening across the country. The Mortgage Bankers Association (MBA) reports that the 30-year fixed-rate mortgage fell five basis points in the latest week to 3.37% with 0.30 in points. The MBA said that the Marke...
06/03/2020
Mortgage backed securities (MBS) market closed down 9 basis points today at 103.66 having closed 292 points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New E...
06/03/2020
Mortgage backed securities (MBS) market closed up 10 basis points today at 103.78 having closed 308 points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New En...
06/01/2020
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Jeff Jensen

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