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Market Commentary go to market commentary


Updated on October 1, 2014 11:11:06 AM EDT
OpenClose Mortgage Software

Wednesday’s bond market has opened well in positive territory following sizable losses in stocks and weaker than expected results in one of this week’s two key economic reports. The Dow is currently down 163 points while the Nasdaq has lost 45 points. The bond market is currently up 19/32 (2.42%), which should improve this morning’s mortgage rates by approximately .250 of a discount point.


Market Snapshot go to market snapshot


Weekly Indices  
   this week last week
6 Month CD   0.040 0.030
1 Year T-Bill  
2 Year T-Note   0.524 0.590
3 Year T-Note  
5 Year T-Note   1.675 1.796
10 Year T-Note   2.395 2.530
30 Year T-Bond   3.103 3.217

Mortgage
Mortgage  this week last week
30yr Conf Ntl Avg   4.200 4.200
15yr Conf Ntl Avg   3.360 3.360



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