Overnight real estate rates move lower
30-year fixed rate at 6.13%; 10-year Treasury yield at 5.06%
By Inman News, Monday, May 1, 2006.Long-term mortgage interest rates were down Friday, and the benchmark 10-year Treasury bond yield dipped to 5.06 percent.
The 30-year fixed-rate average dipped to 6.13 percent, and the 15-year fixed-rate fell to 5.78 percent. The 1-year adjustable held at 5.24 percent.
The 30-year Treasury bond yield sank to 5.16 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.
more...
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.

Tweet This
Facebook
LinkedIn