Industry News

Overnight mortgage rates drop

30-year fixed down at 5.18%; 10-year Treasury down at 3.85%
Published on Mar 8, 2004

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by CareyBot

Long-term mortgage interest rates fell Friday, and the benchmark 10-year Treasury bond yield sank to 3.85 percent. The 30-year fixed-rate average sank to 5.18 percent, and the 15-year fixed-rate slid to 4.46 percent. The 1-year adjustable was down at 3.15 ...