Friday's bond market has opened in positive territory after the stock markets failed to extend yesterday's rally. They are showing relatively minor losses with the Dow down 14 points and the Nasdaq down 2 points. The bond market is currently up 5/32, which with yesterday's late strength should improve this morning's mortgage rates by approximately .250 - .375 of a discount point. If you are closing your loan next week I recommend that you lock the rate

Apply Now Click Here