ARCHIVED BLOG POSTS
2017
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There is money to be made out there and a few people are doing pretty well. In fact, one of every 24 people in this country, 4.2% of the population, have an adjusted gross income of more than $200,000. I guess most of us will have to work a little harder to catch up with them. So any of you ou...
07/24/2017
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Mortgage backed securities (MBS) closed down basis points today at 102.97 having remained above support offered by the 200 day moving average and closed 15 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was hovering near to 4.125%. Whether in New En...
07/24/2017
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Next week is Fed week beginning with the Fed's Open Market Committee on Tuesday morning and culminating with their announcement and the ensuring Janet Yellen news conference. There is little chance of a rate hike this month but there may be some indication as to when the Fed will begin divesting...
07/21/2017
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Mortgage backed securities (MBS) closed up 9 basis points today at 103.03 having remained above support offered by the 200 day moving average and closed 20 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was almost down to 4.125%. Whether in New Engl...
07/21/2017
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We offer an unparalled program for foreign nationals. I have listed some of the highlights below. Call 203-981-8282 or email: jjensen@thefederalsavingsbank.com to learn more! Will lend up to 75% Loan to Value (LTV) ratio Foreign credit, income and assets accepted Social security number and U.S. ...
07/20/2017
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Mortgage backed securities (MBS) closed down 3basis points today at 102.94 having remained above support offered by the 200 day moving average and closed 10 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was available at 4.25%. Whether in New Englan...
07/20/2017
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With interest rates still at historic lows, now is the time to act on your multifamily loan needs. The multifamily loan program was designed with your success in mind. Whether your goal is to grow your portfolio, improve returns on existing assets or meet other financial objectives, we have the ...
07/20/2017
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Mortgage backed securities (MBS) closed down 3 basis points today at 102.88 having remained above support offered by the 200 day moving average and closed 4 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was available at 4.25%. Whether in New Englan...
07/20/2017
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With the Fed wobbling on interest rates and political consternation in Washington left equity markets here without much direction. A wild flurry in Netflix stock and continued advancement by Amazon kept the tech heavy NASDAQ marching along today while a barrel of West Texas crude fell to $40. G...
07/18/2017
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Mortgage backed securities (MBS) closed up 25 basis points today at 102.94 having broken through resistance offered by the 200 day moving average and closed 7 basis points above it. The 30 year conforming dropped to 4.00% today while the 30 year jumbo was available at 4.25%. Whether in New Engla...
07/18/2017
