Andi Bytyqi's (andibytyqi) Blog

I got this e-mail from a friend and I thought it was very funny and sad at the same time.With the recent guideline changes happening almost everyday, this joke is right on the target.Here it goes:Very Important- Guideline Changes Effective August 8, 2007· All borrowers must have one blue eye and ...

Rate Lock Advisory - Friday Aug. 10thFriday's bond market has opened in positive territory following early stock losses. The stock markets are posting sizable losses with the Dow down 170 points and the Nasdaq down 48 points. The bond market is currently up 6/32, but we likely will see little cha...

Rate Lock Advisory - Friday Jul. 27thFriday's bond market has opened slightly in positive territory after this morning's economic news eased inflation concerns. The stock markets are in negative territory again after yesterday's major sell-off. The Dow is currently down 90 points while the Nasdaq...

Rate Lock Advisory - Tuesday Jul. 24thTuesday's bond market has opened in positive territory as stocks open with sizable losses. The Dow is currently down 96 points while the Nasdaq has fallen 20 points. The bond market is currently up 3/32, which will likely improve this morning's mortgage rates...

Rate Lock Advisory - Monday Jul. 23rdMonday's bond market has opened in negative territory following early stock gains. The Dow is currently up 71 points while the Nasdaq has gained 9 points. The bond market is currently down 3/32, but we will likely still see a slight improvement in rates as a r...

Rate Lock Advisory - Sunday Jul. 22ndThis week will be interesting for the bond market and mortgage rates. There are six economic reports scheduled for the financial and mortgage markets to digest, with all coming the middle or latter part of the week. In addition, one of the reports is considere...

I thought this answer to Leo would best be served as a new blog entry. Here it goes.I definitely concur with Leo's opinion. Everyone should do their due diligence before advising someone on a lock. Here are some of my sources that I consult with before advising my clients: Daily Lock Advisor, Mor...

Rate Lock Advisory - Friday Jul. 20thFriday's bond market has opened strong following early stock losses. The stock markets are reacting to negative earnings news with the Dow down 111 points and the Nasdaq down 26 points. The bond market is currently up 12/32, which should improve this morning's...

Rate Lock Advisory - Wednesday Jul. 18thWednesday's bond market has opened strong following the release of this morning's inflation news and Fed Chairman Bernanke's congressional testimony. The stock markets are showing sizable losses with the Dow down 107 points and the Nasdaq down 30 points. Th...