Real estate rates fall overnight
30-year fixed rate down to 5.84%; 10-year Treasury yield at 4.12%
By Inman News, Wednesday, December 19, 2007.Long-term mortgage interest rates were lower Tuesday, and the benchmark 10-year Treasury bond yield dropped to 4.12 percent.
The 30-year fixed-rate average sank to 5.84 percent, and the 15-year fixed rate dipped to 5.4 percent. The 1-year adjustable rate held at 5.59 percent.
The 30-year Treasury bond yield edged down to 4.54 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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