Jeff Jensen's Blog

Mortgage backed securities were down 48 basis points today at 98.66 having closed 660 points below the 200 day moving average. The conforming rate is at 5.00% today.  My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%. Whether in New England, the Mid Atlantic or the M...

Mortgage backed securities were down 47 basis points today at 99.12 havin59g closed 643 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 t...

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...

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...

Mortgage backed securities were down 59 basis points today at 99.25 having closed 621 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 the...

Home borrowing costs took a breather from their torrid pace higher inching lower this week. Freddie Mac reports that the 30-year fixed-rate mortgage slipped to 5.10% this week from 5.11% last week with an average 0.8 in points and fees. A year ago the rate was 2.98%. The 15-year rose to 4.38% fro...

Mortgage backed securities were up 3 basis points today at 99.64 having closed 585 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 the Mi...

Mortgage backed securities were down 6 basis points today at 99.28 having closed 635 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 the ...

Home borrowing costs rose this week as they continue their trek higher. Freddie Mac reports that the 30-year fixed-rate mortgage rose to 5.11% this week from 5% last week with an average 0.8 in points and fees. A year ago the rate was 2.97%. The 15-year rose to 4.38% from 4.17%, also with a 0.8 p...

Mortgage backed securities were down 72 basis points today at 99.28 having closed 639 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 the...