Thursday’s bond market has opened in negative territory, erasing afternoon gains from yesterday. Stocks are showing modest gains of 29 points in the Dow and 5 points in the Nasdaq. The bond market is currently down 6/32 (4.36%), which should bring this morning’s mortgage rates back to Wednesday’s early pricing. Many lenders issued an intraday improvement during afternoon trading. If you saw an improvement before the end of the day, you likely will see it taken back in this morning’s rates.
6/32
Bonds
30 yr - 4.36%
29
Dow
39,937
5
NASDAQ
16,748