Jeff Jensen's Blog

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

ARCHIVED BLOG POSTS

2019 

Due to the recent decline in the 30-year mortgage, refinancing your current mortgage could be beneficial to a large portion of mortgage holders. Black Knight reports that there are nearly seven million Americans that hold a mortgage that can now refinance at a lower rate of at least a 0.75% diffe...
06/10/2019
Mortgage backed securities (MBS) down 19 basis points today at 103.16 having closed 149 points above support offered by the 200 day moving average. The conforming rate is at 4.125% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the...
06/10/2019
 And the survey says: 75,000 jobs created in May, well below the 180,000 expected. Downward revisions to March and April erased 75,000 jobs from what was previously reported. Job growth is averaging 164,000 in 2019, down from 229,000 over the same period in 2018. The unemployment rate remained st...
06/07/2019
And the survey says: 75,000 jobs created in May, well below the 180,000 expected. Downward revisions to March and April erased 75,000 jobs from what was previously reported. Job growth is averaging 164,000 in 2019, down from 229,000 over the same period in 2018. The unemployment rate remained ste...
06/07/2019
Mortgage backed securities (MBS) up 12 basis points today at 103.34 having closed 168 points above support offered by the 200 day moving average. The conforming rate is at 4.125% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the M...
06/07/2019
Mortgage backed securities (MBS) down 12 basis points today at 103.22 having closed 156 points above support offered by the 200 day moving average. The conforming rate is at 4.125% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the...
06/04/2019
Ongoing trade tensions continue to drive the trading action in the financial markets. The Dow and S&P are higher, while the NASDAQ is lower as regulatory fears lower hit Alphabet (Google) and Amazon. Treasury prices are higher but well off their best levels while mortgage bonds are near unchanged...
06/03/2019
Mortgage backed securities (MBS) up 12 basis points today at 103.34 having closed 171 points above support offered by the 200 day moving average. The conforming rate is at 4.125% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the M...
06/03/2019
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Jeff Jensen

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