Mobile Home Loan Funding Blog

May 1st, 2008 11:49 AM

Thursday's bond market has opened in positive territory despite the release of stronger than expected economic data. The stock markets are reacting positively with the Dow up 50 points and the Nasdaq up 40 points. The bond market is currently up 8/32, which with yesterday's late gains should improve mortgage rates by approximately .375 - .500 of a discount point over yesterday's morning rates.




Posted by Mark Betteker on May 1st, 2008 11:49 AMPost a Comment (0)

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