Real estate rates rise overnight
30-year fixed rate up to 5.88%; 10-year Treasury yield at 4.24%
By Inman News, Monday, December 17, 2007.Long-term mortgage interest rates were up Friday, and the benchmark 10-year Treasury bond yield climbed to 4.24 percent.
The 30-year fixed-rate average climbed to 5.88 percent, and the 15-year fixed rate gained to 5.46 percent. The 1-year adjustable rate was up at 5.58 percent.
The 30-year Treasury bond yield edged up to 4.66 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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