Monday’s bond market has opened in positive territory, starting the week with an improvement in rates. Stocks are flat with the Dow down 3 points and the Nasdaq up 3 points. The bond market is currently up 8/32 (2.09%), which with gains late Friday should improve this morning’s mortgage rates by approximately .125 of a discount point. If you saw an improvement Friday afternoon, you will likely see a smaller move in today’s rates.
30 yr - 2.09%