Return to Homepage

home | login
Click here to register for lion inc
Remember my login
Forgot Your Password?
Market Commentary go to market commentary

Updated on March 27, 2015 10:57:32 AM EDT Friday’s bond market has opened in positive territory following mixed economic data. The major stock indexes are showing minor gains with the Dow up 28 points and the Nasdaq up 16 points. The bond market is currently up 8/32 (1.97%), but due to weakness late yesterday we likely will see little change in this morning’s mortgage rates.
OpenClose Mortgage Software

We again saw afternoon selling in bonds yesterday that caused many lenders to make upward intra-day revisions to mortgage rates. A contributing factor to yesterday’s action was a weak 7-year Treasury Note auction that followed a poor 5-year Note sale Wednesday. Both sales indicated a lackluster investor interest in the securities that spilled over to the broader bond market after results were posted at 1:00 PM ET. If your lender did revise their rates higher late yesterday, you should see an improvement of approximately the same amount in this morning’s pricing. If your lender did not adjust for the move yesterday, you should see little change in this morning’s rates.

Market Snapshot go to market snapshot

Weekly Indices  
   this week last week
6 Month CD   0.120 0.100
1 Year T-Bill  
2 Year T-Note   0.587 0.581
3 Year T-Note  
5 Year T-Note   1.424 1.409
10 Year T-Note   1.961 1.925
30 Year T-Bond   2.543 2.501

Mortgage  this week last week
30yr Conf Ntl Avg   3.690 3.780
15yr Conf Ntl Avg   2.970 3.060

Loan Link   Lead Manager
Quickly find lenders interested in funding your non-conforming, subprime, commercial and other niche loans   Access, manage and process leads in your pipeline.
Retail Rates   Ratesheets on Demand
Update and display your programs and pricing on your web site.   View or fax the ratesheets you want, when you want.
Web Settings  
Manage web site content, layout, design and color options.  
AOL Users Click Here

LION Home Page
I am a: Interested In:
LION, Inc. Company Information | Mortgage Websites | Loan Pricing | Leads/Marketing
Feedback | Privacy Policy | Legal Notices

Copyright © 1990-2007 by LION, Inc.  All Rights Reserved.