Wednesday’s bond market has opened in negative territory following stronger than expected economic data and early stock gains. Stocks are rallying with the Dow up 356 points and the Nasdaq up 115 points. The bond market is currently down 8/32 (0.68%), but gains from yesterday afternoon should keep this morning’s mortgage rates close to Tuesday’s early pricing. If you saw an intraday improvement in rates during afternoon trading yesterday, you likely will see an increase in this morning’s pricing.
30 yr - 0.67%