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Market Commentary go to market commentary

Updated on July 22, 2014 10:38:19 AM EDT
OpenClose Mortgage Software

Tuesday’s bond market has opened down slightly with this morning’s economic data showing mixed results and stock posting early gains. The Dow is currently up 66 points while the Nasdaq has gained 34 points. The bond market is currently down 5/32 (2.49%), which will likely 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   0.060 0.050
1 Year T-Bill  
2 Year T-Note   0.472 0.480
3 Year T-Note  
5 Year T-Note   1.658 1.665
10 Year T-Note   2.465 2.484
30 Year T-Bond   3.251 3.293

Mortgage  this week last week
30yr Conf Ntl Avg   4.130 4.130
15yr Conf Ntl Avg   3.230 3.230

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