Jeff Jensen's Blog

By
Mortgage and Lending - The Federal Savings Bank/Lending in 50 states - NMLS # 109616
RECENT BLOG POSTS
Mortgage backed securities (MBS) market closed down 9 basis points today at 103.44 having closed 105 points above 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 England, the Mid At...
12/23/2020
 The National Association of REALTORS® reports that Existing Home Sales declined 2.5% in November from October to an annual rate of 6,690,000 units versus the 6,800,000 expected. Sales were up a whopping 25.8% from a year ago (November 2019, 5,320,000). The median home sales price for all housing...
12/22/2020
Mortgage backed securities (MBS) market closed up 9 basis points today at 103.53 having closed 115 points above 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 England, the Mid Atla...
12/22/2020
Mortgage backed securities (MBS) market closed down 3 basis points today at 103.56 having closed 121 points above 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 England, the Mid At...
12/18/2020
 The housing sector continues to be a beacon of light for the U.S. economy boosted in part by low borrowing costs. The U.S. Census Bureau reports that Housing Starts rose 1.2% from October to an annual rate of 1,547,000 units versus the 1,530,000 expected. Multi-family construction rose 8% while ...
12/17/2020
Mortgage backed securities (MBS) market closed up 6 basis points today at 103.59 having closed120 points above 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 England, the Mid Atlan...
12/17/2020
 Mortgage rates hit fresh record lows in the latest week and continue to buoy the housing sector. The MBA reports that the 30-year fixed-rate mortgage fell from 2.90% to 2.85% with 0.33 in points in the week ending December 11, 2020. The MBA went on to report that the Market Composite Index rose ...
12/16/2020
Mortgage backed securities (MBS) market closed flat today at 103.53 120 points above 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 England, the Mid Atlantic or the Midwest or anyw...
12/16/2020
Mortgage backed securities (MBS) market closed down 9 basis points at 103.53 122 points above 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 England, the Mid Atlantic or the Midwes...
12/15/2020
Mortgage backed securities (MBS) market closed down 9 basis points at 103.53 122 points above 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 England, the Mid Atlantic or the Midwes...
12/15/2020
Rainmaker
1,507,913

JeffJensen

local_phone(203) 981-8282
smartphone(203) 981-8282
Contact The Author