Real estate rates slip overnight
30-year fixed rate at 5.79%; 10-year Treasury yield at 3.69%
By Inman News, Wednesday, April 23, 2008.Long-term mortgage interest rates dipped again Tuesday, and the benchmark 10-year Treasury bond yield fell to 3.69 percent.
The 30-year fixed-rate average sank to 5.79 percent, and the 15-year fixed rate fell to 5.39 percent. Meanwhile, the 1-year adjustable rate slipped to 5.73 percent.
The 30-year Treasury bond yield declined to 4.45 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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