Thursday’s bond market has opened in positive territory following no major surprises in this morning’s only relevant economic release. Stocks are mixed with the Dow down 95 points and the Nasdaq up 67 points. The bond market is currently up 8/32 (0.64%), which should improve this morning’s mortgage rates by approximately .125 - .250 of a discount point. If you saw an afternoon improvement in rates late yesterday, you may see little change in this morning’s pricing.
30 yr - 0.64%