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Market Commentary go to market commentary


Updated on October 23, 2014 11:11:43 AM EDT
OpenClose Mortgage Software

Thursday’s bond market has opened in negative territory with stocks rallying and no major economic data to offset that stock influence. The major stock indexes are reacting positively to some corporate earnings news, pushing the Dow higher by 230 points and the Nasdaq higher by 64 points. The bond market is currently down 13/32 (2.26%), which should push this morning’s mortgage rates higher by approximately .125 - .250 of a discount point.


Market Snapshot go to market snapshot


Weekly Indices  
   this week last week
6 Month CD   0.050 0.040
1 Year T-Bill  
2 Year T-Note   0.403 0.371
3 Year T-Note  
5 Year T-Note   1.508 1.420
10 Year T-Note   2.285 2.201
30 Year T-Bond   3.056 2.975

Mortgage
Mortgage  this week last week
30yr Conf Ntl Avg   3.920 3.970
15yr Conf Ntl Avg   3.080 3.180



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