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Market Commentary go to market commentary


Updated on April 17, 2014 10:18:29 AM EDT
OpenClose Mortgage Software

Thursday’s bond market has opened in negative territory with no significant economic data set for release and the only minor data showing unfavorable results. The stock markets are calm with the Dow down 14 points and the Nasdaq nearly unchanged from yesterday’s close. The bond market is currently down 9/32 (2.67%), which should push this morning’s mortgage rates higher by approximately .125 of a discount point.


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   0.399 0.355
3 Year T-Note  
5 Year T-Note   1.732 1.571
10 Year T-Note   2.722 2.622
30 Year T-Bond   3.520 3.480

Mortgage
Mortgage  this week last week
30yr Conf Ntl Avg   4.270 4.340
15yr Conf Ntl Avg   3.330 3.380



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