Industry News

Mortgage rates inch higher

30-year fixed up at 5.8%; 10-year Treasury holds at 4.5%
Published on May 4, 2004

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by CareyBot

Long-term mortgage interest rates were higher Monday, and the benchmark 10-year Treasury bond yield stood at 4.5 percent. The 30-year fixed-rate average rose slightly to 5.8 percent, and the 15-year fixed-rate increased to 5.14 percent. The 1-year adjustable was up ...