Friday’s bond market has opened in positive territory following weaker than expected economic data and early stock losses. The major indexes are showing losses of 164 points in the Dow and 65 points in the Nasdaq. The bond market is currently up 5/32 (1.11%), but weakness late yesterday is going to keep this morning’s mortgage rates close to Thursday’s early pricing. If you saw an intraday increase Thursday afternoon, you should see an improvement of the same amount this morning.
30 yr - 1.11%