Charles Lisciandro's (loansbychas) Blog

Not a good start today; the entire yield curve is being hit relatively hard to begin. Unlike the past two weeks, the open this morning has big teeth. At 8:30 the 10 yr note traded 19/32 lower at 3.77%, closing in on the March 11th high at 3.78% and testing a down trend line back to early Jan. Mor...

Tuesday's bond market has opened flat after this morning's only economic data nearly matched forecasts. The stock markets are showing minor gains with the Dow up 24 points and the Nasdaq up 2 points. The bond market is nearly unchanged from yesterday's close, but we will still likely see an impro...

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. FLOAT your loan, if closing was taking place within 21 and 60 days.  FLOAT...

Monday's bond market has opened in positive territory as stocks react negatively to the healthcare bill and concerns about Greece again. The stock markets have opened slightly in negative ground with the Dow currently down 14 points and the Nasdaq down 3 points. The bond market is currently up 6/...

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. FLOAT your loan, if closing was taking place within 21 and 60 days.  FLOAT...

This week brings us the release of five monthly and quarterly reports for the bond market to digest along with two relevant Treasury auctions. Two of the reports can be considered much less important than the others, but with mortgage-relevant events scheduled four out of the five days we will st...

Last Week; by the end of the week mortgage rates were unchanged from the previous Friday. The bellwether 10 yr note also essentially unchanged at 3.69% -1 BP. Short term rates however increased last week, somewhat preparing for the Fed withdrawing from the quantative easing programs initiated whe...

Friday's bond market has opened down slightly with no relevant economic data to drive trading. The stock markets are showing relatively minor losses with the Dow down 24 points and the Nasdaq down 12 points. The bond market is currently down 3/32, which will likely push this morning's mortgage ra...

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. FLOAT your loan, if closing was taking place within 21 and 60 days.  FLOAT...