Real estate rates fall overnight
30-year fixed rate at 5.94%; 10-year Treasury yield at 3.77%
By Inman News, Friday, February 22, 2008.Long-term mortgage interest rates came down Thursday, and the benchmark 10-year Treasury bond yield sank to 3.77 percent.
The 30-year fixed-rate average slipped to 5.94 percent, and the 15-year fixed rate decreased to 5.43 percent. The 1-year adjustable rate dipped to 4.9 percent.
The 30-year Treasury bond yield was lower at 4.54 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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