Nightly real estate rates slide further
30-year fixed rate at 5.76%; 10-year Treasury yield at 3.85%
By Inman News, Monday, May 19, 2008.Long-term mortgage interest rates were down again Friday, and the benchmark 10-year Treasury bond yield gained to 3.85 percent.
The 30-year fixed-rate average fell to 5.76 percent, and the 15-year fixed rate sank to 5.36 percent. Meanwhile, the 1-year adjustable rate sank to 5.9 percent.
The 30-year Treasury bond yield rose to 4.57 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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