Industry News

Little movement in overnight real estate rates

30-year fixed rate at 5.92%; 10-year Treasury yield at 4.79%
Published on Oct 23, 2006

Long-term mortgage interest rates were mostly flat Friday, and the benchmark 10-year Treasury bond yield stayed at 4.79 percent. The 30-year fixed-rate average dipped to 5.92 percent, and the 15-year fixed rate remained at 5.63 percent. The 1-year adjustable was unchanged at 5.37 percent. The 30-year Treasury bond yield held at 4.91 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. Points on these mortgages range from zero to 3.5. In other economic news, the Dow Jones Industrial Average lost 9.36 points, or 0.08 percent, finishing at 12,002.37. The Nasdaq was up 1.36 points, or 0.06 percent, closing at 2,342.3. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....

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