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Market Commentary go to market commentary


Updated on September 22, 2014 11:30:21 AM EDT
OpenClose Mortgage Software

Monday’s bond market has opened in positive territory with stocks starting the week in negative ground and today’s only economic data showing favorable results. The major stock indexes are showing moderate losses with the Dow down 64 points and the Nasdaq down 53 points. The bond market is currently up 4/32 (2.56%), which with strength late Friday should improve this morning’s mortgage rates by approximately .250 of a discount point over Friday’s morning pricing.


Market Snapshot go to market snapshot


Weekly Indices  
   this week last week
6 Month CD   0.030 0.030
1 Year T-Bill  
2 Year T-Note   0.540 0.565
3 Year T-Note  
5 Year T-Note   1.780 1.813
10 Year T-Note   2.550 2.580
30 Year T-Bond   3.280 3.286

Mortgage
Mortgage  this week last week
30yr Conf Ntl Avg   4.230 4.230
15yr Conf Ntl Avg   3.370 3.370



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