Industry News

Relief for borrowers as overnight interest rates fall

30-year fixed rate down at 5.39%; 10-year Treasury down at 4.24%
Published on Aug 15, 2005

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Long-term mortgage interest rates fell again Friday, and the benchmark 10-year Treasury bond yield dropped to 4.24 percent. The 30-year fixed-rate average sank to 5.39 percent, and the 15-year fixed-rate dipped to 4.99 percent. The 1-year adjustable was up at ...