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

ARCHIVED BLOG POSTS

2016 

Mortgage backed securities (MBS) closed down 12 basis points today at 102.97 having lost almost all of Friday's profits.  MBS bonds managed to close jsut 4 points above the 200 day moving average.   The 30 year remained at  3.625% as a result.  Whether in New England, the Mid Atlantic or the Midw...
11/07/2016
Tomorrow my wife and my 11 year old granddaughter Ellie will be driving to Annapolis Maryland.  We hope to arrive with a few hours of daylight remaining so we can walk around the Naval Academy and take in some of the beautiful water views.  The next morning we will drive just over an hour down th...
11/03/2016
Mortgage backed securities (MBS) closed flat today at 103.00 having spent most of the day under water drifting down 16 points at one point during the day.  MBS bonds managed to close 9 points above the 200 day moving average.   The 30 year remained at  3.625% as a result.  Whether in New England,...
11/03/2016
Here we are in November and all Souls day is upon us.  It seems as if Labor Day was just a week or two ago.  The more scary issue is that Thanksgiving is just 23 days away.  It seems as if everything is starting to slow down in anticipation of the upcoming holiday season.  I just had two November...
11/01/2016
Mortgage backed securities (MBS) closed flat today at 102.97 having spent most of the day under water drifting down 28 points at one point during the day.  MBS bonds managed to close 7 points above the 200 day moving average.   The 30 year remained at  3.625% as a result.  Whether in New England,...
11/01/2016
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