Industry News

Overnight real estate rates drop

30-year fixed-rate average down to 5.75%
Published on Dec 12, 2007

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by CareyBot

Long-term mortgage interest rates declined Tuesday, and the benchmark 10-year Treasury bond yield dropped to 3.98 percent. The 30-year fixed-rate average dropped to 5.75 percent, and the 15-year fixed rate slid to 5.35 percent. The 1-year adjustable rate, however, gained to ...