Monday’s bond market has opened well in negative territory to start the week with another increase in rates. Stocks are showing losses of 177 points in the Dow and 80 points in the Nasdaq. The bond market is currently down 26/32 (3.61%), which should cause this morning’s mortgage rates to be higher than Friday’s early pricing by approximately .750 - .875 of a discount point. Some of that would be reflected in Friday afternoon upward revisions, meaning the size of increase you see this morning depends on how much of an intraday revision you saw before closing Friday.
26/32
Bonds
30 yr - 3.61%