Tuesday’s bond market has opened in negative territory following early stock gains. The stock markets are well in positive ground on Election Day with the Dow up 70 points and the Nasdaq up 2 points. The bond market is currently down 4/32, which will likely push this morning’s mortgage rates higher by approximately .125 of a discount point. www.mortgageprosus.com/DailyRateLockAdvisory
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Mortgage Rate Lock Advisory or Texas and Louisiana. Friday’s bond market has opened in negative territory following the release of much stronger than expected employment news. The stock markets are reacting favorably to the data, but the response is somewhat muted compared to what could be. The Dow is currently up 52 points while the Nasdaq is nearly unchanged from yesterday’s close. www.mortgageprosus.com/DailyRateLockAdvisory
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