Industry News

Overnight real estate rates hold steady

30-year fixed rate at 6.02%; 10-year Treasury yield at 4.9%
Published on Apr 7, 2006

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by CareyBot

Long-term mortgage interest rates inched lower on Thursday, and the benchmark 10-year Treasury bond yield jumped to 4.9 percent.

The 30-year fixed-rate average edged up to 6.02 percent, and the 15-year fixed-rate increased to 5.71 percent. The 1-year adjustable was unchanged at 5.08 percent.

The 30-year Treasury bond yield rose to 4.97 percent.

Rates are current as of 7:15 p.m. Eastern Standard Time.

Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states ...

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