ARCHIVED BLOG POSTS
2020
This is one of the biggest news weeks ever, with the General Election tomorrow, followed by October ADP and the Fed meeting on Wednesday, and the October Jobs Report on Friday. Throw in the continued fears of the coronavirus and you have a recipe for volatility. Stocks are higher and are trying t...
11/02/2020
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Mortgage backed securities (MBS) market closed up 6 basis points today at 104.25 having closed 74points above support offered by the 200 day moving average. The conforming rate is at 2.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 2.875%. Whether in New Eng...
11/02/2020