Thursday’s bond market has opened in negative territory, erasing yesterday’s afternoon gains. Stocks are also showing losses with the Dow down 171 points and the Nasdaq down 38 points. The bond market is currently down 16/32 (3.82%), but strength late yesterday is going to help keep this morning’s mortgage rates close to Wednesday’s early pricing. If you saw an intraday improvement in rates yesterday, you should see an increase of the same size this morning.
30 yr - 3.82%