Tuesday’s bond market has opened in negative territory following overnight gains in international stocks and comments about future stimulus plans. The Dow is currently up 130 points while the Nasdaq has gained 99 points. The bond market is currently down 8/32 (1.11%) but gains late Friday should help keep this morning’s mortgage rates nearly unchanged. The financial and mortgage markets were closed yesterday for the Martin Luther King Jr. holiday.
30 yr - 1.11%