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2018
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Mortgage backed securities (MBS) closed down 53 basis points today at 99.56 having fallen through supportofferd offered by the 10 day moving average and closed 54 points below it. The conforming rate is at 5.00% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.625...
11/02/2018
Mortgage rates edged lower in the latest survey after rising for most of 2018. Freddie Mac reports that the 30-year fixed-rate mortgage fell three basis points to 4.83% with an average of 0.50 in points and fees. Freddie Mac said that higher mortgage rates have led to a decline in home sales in 2...
11/01/2018
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Mortgage backed securities (MBS) closed up 9 basis points today at 100.09 having broken through resistance offerd offered by the 10 day moving average and closed 2 points above it. The conforming rate is at 4.875% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.6...
11/01/2018
