Industry News

Overnight interest rates dip

30-year fixed down at 6.05%; 10-year Treasury up at 4.8%
Published on May 13, 2004

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Long-term mortgage interest rates were lower Wednesday, and the benchmark 10-year Treasury bond yield increased to 4.8 percent. The 30-year fixed-rate average slipped to 6.05 percent, and the 15-year fixed-rate fell slightly to 5.42 percent. The 1-year adjustable was down ...