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2022
Mortgage rates finally paused last week from their torrid run higher since the beginning of the year. The 30-year fixed-rate mortgage rose was unchanged at 5.36% with 0.63 points for the week ended April 29, 2022, reports the MBA. Within the data it showed that the Market Composite Index, a measu...
05/04/2022
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Mortgage backed securities were down up 9 basis points today at 99.25 havin59g closed 575 points below the 200 day moving average. The conforming rate is at 4.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.375%. Whether in New England, the Mid Atlantic or...
05/04/2022