Real estate rates up overnight
30-year fixed rate at 5.47%; 10-year Treasury yield at 3.56%
By Inman News, Monday, January 28, 2008.Long-term mortgage interest rates rose again Friday, and the benchmark 10-year Treasury bond yield sank to 3.56 percent.
The 30-year fixed-rate average climbed to 5.47 percent, and the 15-year fixed rate jumped to 4.98 percent. The 1-year adjustable rate, however, dropped to 5.09 percent.
The 30-year Treasury bond yield was down at 4.27 percent.
Rates and bonds 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.
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