Industry News

Dow’s freefall sinks overnight real estate rates

30-year fixed rate at 5.71%; 10-year Treasury yield at 4.51%
Published on Feb 28, 2007

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by CareyBot

Long-term mortgage interest rates continued to drop Tuesday and the benchmark 10-year Treasury bond yield tumbled to 4.51 percent after a decline in China’s stock market and disappointing U.S. economic reports pushed the Dow Jones Industrial Average down more than ...