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 December 22, 2014 10:29:24 AM EST Monday’s bond market has opened in negative territory despite weaker than expected housing data. The soft opening in bonds is likely due to early stock gains that have the Dow up 77 points and the Nasdaq up 10 points. The bond market is currently down 5/32 (2.17%), but due to strength late Friday, we should see an improvement of approximately .125 of a discount point in this morning’s mortgage rates if comparing to Friday’s early pricing.
OpenClose Mortgage Software

November's Existing Home Sales was today’s only relevant economic report, coming at 10:00 AM ET. The National Association of Realtors reported that home resales fell 6.1% last month to their weakest level since May of this year. That was a much larger decline than analysts were expecting to see, indicating the housing sector was softer than many had thought. Therefore, we should consider the data favorable for the bond and mortgage markets.

Market Snapshot go to market snapshot

Weekly Indices  
   this week last week
6 Month CD   0.100 0.110
1 Year T-Bill  
2 Year T-Note   0.660 0.638
3 Year T-Note  
5 Year T-Note   1.660 1.645
10 Year T-Note   2.160 2.161
30 Year T-Bond   2.750 2.752

Mortgage  this week last week
30yr Conf Ntl Avg   3.800 3.800
15yr Conf Ntl Avg   3.090 3.090

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.