Friday’s bond market initially opened well in positive territory but stronger than expected economic news late this morning helped to erase those early gains. The major stock indexes are showing moderate improvements with the Dow up 67 points and the Nasdaq up 31 points. The bond market is currently up 2/32 (1.46%), which should keep this morning’s mortgage rates slightly better than yesterday’s morning. Most of that improvement is a result of strength late yesterday and not this morning’s open. Therefore, if your lender improved pricing Thursday afternoon, you may not see a change this morning.