Wednesday’s bond market has opened in negative territory, extending the recent sell-off another day. Stocks are mixed with the Dow up 136 points and the Nasdaq down 27 points. The bond market is currently down 5/32 (3.07%), which with intraday weakness late yesterday should push this morning’s mortgage rates higher by approximately .250 of a discount point. If your lender revised pricing higher intraday Tuesday, you should see less of an increase this morning.
30 yr - 3.07%