Friday’s bond market has opened in positive territory following mixed results in today’s economic data. Stocks are showing minor losses with the Dow down 57 points and the Nasdaq down 26 points. The bond market is up 6/32 (0.69%), but weakness late yesterday is going to cause an increase in this morning’s mortgage rates of approximately .125 of a discount point. If you saw an intraday upward revision yesterday afternoon, you likely will see little or no change this morning.
30 yr - 0.69%