Overnight real estate rates steady
30-year holds at 5.38%; 10-year Treasury down at 4.27%
By Inman News, Thursday, December 30, 2004.Inman News
Long-term mortgage interest rates were flat Wednesday, and the benchmark 10-year Treasury bond yield dipped to 4.27 percent.
The 30-year fixed-rate average stayed at 5.38 percent, and the 15-year fixed-rate remained at 4.79 percent. The 1-year adjustable was unchanged at 3.42 percent.
The 30-year Treasury bond yield sank to 4.89 percent.
Rates are current as of 7:15 p.m. Eastern Standard Time.
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