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Market Commentary go to market commentary


Updated on August 22, 2014 10:49:48 AM EDT
OpenClose Mortgage Software

Friday’s bond market has opened flat with no relevant economic data to drive trading. Stocks are following suit with the Dow down 3 points and the Nasdaq up 2 points. The bond market is currently down 3/32 (2.41%), but due to strength late yesterday, we should see an improvement in this morning’s mortgage rates of approximately .125 of a discount point over 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   0.480 0.410
3 Year T-Note  
5 Year T-Note   1.650 1.530
10 Year T-Note   2.410 2.340
30 Year T-Bond   3.170 3.130

Mortgage
Mortgage  this week last week
30yr Conf Ntl Avg   4.100 4.120
15yr Conf Ntl Avg   3.230 3.240



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