ARCHIVED BLOG POSTS
2022
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Mortgage backed securities were down 66 basis points today at 98.16 having closed 490 points below the 200 day moving average. The conforming rate is at 5.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.875% with no points!. Whether in New England, the Mid ...
09/13/2022
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Home price gains are beginning to cool off after the frothy increases seen in the past two years. CoreLogic reports that home prices, including distressed sales, rose 15.8% from July 2021 to July 2022, down from the 18.1% gain seen in June. Monthly, prices fell 0.3%. Looking ahead, prices are exp...
09/06/2022
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Mortgage backed securities were down 78basis points today at 98.69 having closed 459 points below the 200 day moving average. The conforming rate is at 5.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.875% with no points!. Whether in New England, the Mid A...
09/06/2022
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Mortgage backed securities were up 28 basis points today at 99.33 having closed 399 points below the 200 day moving average. The conforming rate is at 5.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.875% with no points!. Whether in New England, the Mid At...
09/02/2022