Monday’s bond market has opened in negative territory, extending the negative momentum from last week. Stocks are starting the week mixed with the Dow up 257 points and the Nasdaq down 98 points. The bond market is currently down 8/32 (1.47%), but gains late Friday should allow this morning’s mortgage rates to be lower by approximately .125 of a discount. If you saw an intraday improvement Friday afternoon, you may see an increase in today’s early rates.
30 yr - 1.47%