Tuesday’s bond market has opened in positive territory as traders return from the long weekend. Stocks are showing moderate gains of 53 points in the Dow and 30 points in the Nasdaq. The bond market is currently up 3/32 (1.93%), which should improve this morning’s mortgage rates by approximately .125 of discount point if comparing to Friday’s early pricing. The bond market was closed yesterday in observance of the Veteran’s Day holiday.
30 yr - 1.93%