Friday’s bond market has opened in positive territory despite much stronger than anticipated housing news. The major stock indexes are showing relatively minor losses with the Dow down 46 points and the Nasdaq down 1 point. The bond market is currently up 8/32 (2.34%), but weakness late yesterday is going to prevent much of a change in this morning’s mortgage rates. If your lender revised pricing higher Thursday afternoon, you should see a slight improvement in this morning’s rates.
30 yr - 2.34%