Jeff Jensen's Blog

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Mortgage and Lending - The Federal Savings Bank/Lending in 50 states - NMLS # 109616
RECENT BLOG POSTS
Mortgage backed securities (MBS) market closed up 6 basis points today at 103.62having closed 133 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New Eng...
12/14/2020
Mortgage backed securities (MBS) market closed up 15 basis points today at 103.59having closed 142 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New En...
12/07/2020
Mortgage backed securities (MBS) market closed up 15 basis points today at 103.59having closed 142 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New En...
12/07/2020
Mortgage backed securities (MBS) market closed down 25 basis points today at 103.44 having closed 131 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New...
12/04/2020
Mortgage backed securities (MBS) market closed down 25 basis points today at 103.44 having closed 131 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New...
12/04/2020
 Home borrowing costs hit records lows in the latest survey and continue to buoy the housing market. Freddie Mac reports that the 30-year fixed-rate mortgage fell to 2.71% this week from 2.72% last week with 0.7 in points and fees. A year ago at this time, the rate averaged 3.68%. Sam Khater, Fre...
12/03/2020
Mortgage backed securities (MBS) market closed up 3 basis points today at 103.69 having closed 159 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New En...
12/03/2020
Home prices continue to push higher spurred on by low rates and as demand for housing continues as many Americans work from home. CoreLogic reports that home prices nationwide, including distressed sales, rose by 7.3% in October 2020 compared with October 2019 and were up monthly by 1.1% in Octob...
12/01/2020
Mortgage backed securities (MBS) market closed down 35 basis points today at 103.56 having closed 156 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New...
12/01/2020
 Signed contracts of existing homes slipped in October from November though gains remain strong from a year ago. The National Association of REALTORS® reports that Pending Home Sales fell 1.1% in October from September versus the 1% gain expected. Sales were up 20.2% from October 2019. Small loss...
11/30/2020
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