Overnight real estate rates in 3-day drop
30-year fixed rate at 5.74%; 10-year Treasury yield at 4.05%
By Inman News, Friday, December 21, 2007.Long-term mortgage interest rates were down again Thursday, and the benchmark 10-year Treasury bond yield rose to 4.05 percent.
The 30-year fixed-rate average sank to 5.74 percent, and the 15-year fixed rate dipped to 5.3 percent. The 1-year adjustable rate was down at 5.49 percent.
The 30-year Treasury bond yield edged up to 4.48 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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