Industry News

Overnight mortgage rates drop

30-year down at 5.38%; 10-year Treasury down at 4.13%
Published on Oct 11, 2004

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by CareyBot

Long-term mortgage interest rates were lower Friday, and the benchmark 10-year Treasury bond yield plunged to 4.13 percent. The 30-year fixed-rate average fell to 5.38 percent, and the 15-year fixed-rate sank to 4.79 percent. The 1-year adjustable was down at ...