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Market Commentary go to market commentary


Updated on Sep 2 2010 11:40AM EST
OpenClose Mortgage Software

Thursday’s bond market has opened in negative territory again as yesterday’s sell-off extends into this morning’s trading. The stock markets are showing relatively minor gains with the Dow up 18 points and the Nasdaq up 15 points. The bond market is currently down 11/32, 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   0.178 0.183
1 Year T-Bill   0.226 0.252
2 Year T-Note   0.493 0.556
3 Year T-Note   0.720 0.770
5 Year T-Note   1.426 1.497
10 Year T-Note   2.627 2.639
30 Year T-Bond   3.716 3.688

Mortgage
Mortgage  this week last week
30yr Conf Ntl Avg   4.360 4.360
15yr Conf Ntl Avg   3.860 3.860



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