Real estate rates dip overnight
30-year fixed rate at 5.8%; 10-year Treasury yield at 3.82%
By Inman News, Wednesday, April 30, 2008.Long-term mortgage interest rates declined Tuesday, and the benchmark 10-year Treasury bond yield decreased to 3.82 percent.
The 30-year fixed-rate average sank to 5.8 percent, and the 15-year fixed rate fell to 5.39 percent. Meanwhile, the 1-year adjustable rate dipped to 5.77 percent.
The 30-year Treasury bond yield slipped to 4.55 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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