RECENT BLOG POSTS
Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 10 days.  Loan must be locked to pull Loan Doc's. FLOAT 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.  FL...
03/30/2010
Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 10 days.  Loan must be locked to pull Loan Doc's. FLOAT 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.  FL...
03/29/2010
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Monday's bond market has opened down slightly due mostly to a positive open for stocks. The stock markets are showing early strength with the Dow up 42 points and the Nasdaq up 11 points. The bond market is currently down 2/32, which should keep this morning's mortgage rates at Friday's levels.To...
03/29/2010
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Last Week; a bad one for the rate markets. Mortgage rates increased 12 basis points while the 10 yr note jumped 16 basis points in yield to end the week at 3.85%. After weeks of being contained in a narrow choppy range the rate markets broke out to the upside in terms of yield. We have warned for...
03/28/2010
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Friday's bond market has opened flat again as traders look to quietly end a very volatile week. The stock markets are showing gains with the Dow up 45 points and the Nasdaq up 12 points. The bond market is nearly unchanged from yesterday's close, which will likely keep this morning's rates very c...
03/26/2010
Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 10 days.  Loan must be locked to pull Loan Doc's. FLOAT 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.  FL...
03/26/2010
Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 7 days.  Loan must be locked to pull Loan Doc's. LOCK your loan, if closing was taking place within 8 and 20 days. LOCK your loan, if closing was taking place within 21 and 60 days.  FLOAT ...
03/25/2010
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Thursday's bond market has opened flat as investors digest yesterday's slaughtering of bonds. The stock markets are showing noticeable gains with the Dow up 78 points and the Nasdaq up 20 points. The bond market is up 1/32, but we will undoubtedly see an increase in this morning's mortgage rates....
03/25/2010
  Are you considering purchasing or refinancing your home? LOCK your loan, if closing was taking place within 7 days.  Loan must be locked to pull Loan Doc's. LOCK your loan, if closing was taking place within 8 and 20 days. LOCK your loan, if closing was taking place within 21 and 60 days.  FLOA...
03/24/2010
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  WEDNESDAY AFTERNOON UPDATE:This morning’s bond selling has picked up steam into afternoon trading. The bond market is now down 38/32, which will likely cause upward revisions to mortgage rates shortly. We can expect to see another upward revision of approximately .250 of a discount point over t...
03/24/2010
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Charles Lisciandro

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