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Market Commentary go to market commentary


Updated on October 24, 2014 11:25:35 AM EDT
OpenClose Mortgage Software

Friday’s bond market has opened in positive territory even though stocks are showing minor gains. The Dow is up 38 points while the Nasdaq has gained 13 points. The bond market is currently up 4/32 (2.26%), but I don’t believe we will see much of a change in this morning’s mortgage rates due to a little weakness late yesterday.


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   0.382 0.371
3 Year T-Note  
5 Year T-Note   1.494 1.420
10 Year T-Note   2.271 2.201
30 Year T-Bond   3.047 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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