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Market Commentary go to market commentary

Updated on August 29, 2014 10:40:19 AM EDT
OpenClose Mortgage Software

Friday’s bond market has opened flat following mixed economic news. The stock markets are relatively calm also with the Dow down 27 points and the Nasdaq nearly unchanged from yesterday’s close. The bond market is currently down 1/32, which should keep this morning’s mortgage rates unchanged from Thursday’s morning pricing.

Market Snapshot go to market snapshot

Weekly Indices  
   this week last week
6 Month CD   0.050 0.050
1 Year T-Bill  
2 Year T-Note   0.496 0.496
3 Year T-Note  
5 Year T-Note   1.627 1.660
10 Year T-Note   2.344 2.402
30 Year T-Bond   3.080 3.158

Mortgage  this week last week
30yr Conf Ntl Avg   4.100 4.100
15yr Conf Ntl Avg   3.250 3.230

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