Charles Lisciandro's (loansbychas) Blog

Friday the bond and mortgage markets were driven lower in yields on the announcement from the SEC that it was filing civil fraud charges against Goldman-Sachs, implying the firm allowed Paulson& Co. to select sub prime loans that went into a CDO security that Goldman was putting together to sell ...

This week is moderately active in terms of economic news scheduled for release. There are five reports scheduled, but only two of them carry the potential to cause noticeable movement in mortgage rates. Accordingly, there is a decent possibility of seeing a relatively calm week in the mortgage ma...

Friday's bond market has opened in positive territory following early stock selling and weaker than expected economic news. The stock markets are showing significant weakness with the Dow down 104 points and the Nasdaq down 24 points. The bond market is currently up 7/32, which should improve thi...

Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 7-10 days.  Loan must be locked to pull Loan Doc's. LOCK your loan, if closing was taking place within 11 and 20 days. FLOAT your loan, if closing was taking place within 21 and 60 days.  F...

Thursday's bond market has opened down slightly despite weaker than expected economic data and a negative open for stocks. The stock indexes are showing relatively minor losses with the Dow down 25 points and the Nasdaq down 1 point. The bond market is currently down 3/32, which will likely push ...

Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 7-10 days.  Loan must be locked to pull Loan Doc's. LOCK your loan, if closing was taking place within 11 and 20 days. FLOAT your loan, if closing was taking place within 21 and 60 days.  F...

This morning's economic data actually gave us mixed results. The Commerce Department said that sales at the retail level of the economy rose 1.6% last month, exceeding forecasts. Even if more volatile auto-related transactions were excluded, sales rose more than expected. This means that consumer...

Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 7-10 days.  Loan must be locked to pull Loan Doc's. LOCK your loan, if closing was taking place within 11 and 20 days. FLOAT your loan, if closing was taking place within 21 and 60 days.  F...

Monday's bond market has opened in positive territory despite minor gains in stocks. The stock markets are showing optimism ahead of this week's earning announcements with the Dow up 14 points and the Nasdaq up 2 points. The bond market is currently up 8/32, which should improve this morning's mo...

Friday's bond market has opened down slightly following early gains in stocks. The stock markets are looking to close the week with a positive day as the Dow is up 49 points and the Nasdaq has inched higher by 4 points. The bond market is currently down 5/32, which will likely push this morning's...