Friday’s bond market has opened down slightly following this morning’s economic data and a mixed open in stocks. The Dow is currently up 139 points while the Nasdaq has lost 17 points. The bond market is currently down 1/32 (1.57%), but strength late yesterday should improve this morning’s mortgage rates by approximately .125 of a discount point. If you saw an intraday improvement in pricing Thursday afternoon, you may not see another this morning.
30 yr - 1.57%