California Mortgage News

Mortgage Rate Report

August 13th, 2015 3:13 PM by George Coronado

Thursday’s bond market has opened in negative territory, extending yesterday’s afternoon weakness. The stock markets are showing minor losses with the Dow down 30 points and the Nasdaq down 3 points. The bond market is currently down 7/32 (2.16%), which with yesterday’s late selling should push this morning’s mortgage rates higher by approximately .250 of a discount point if comparing to Wednesday’s morning rates.
Posted by George Coronado on August 13th, 2015 3:13 PM