Real estate rates slip overnight
30-year fixed rate at 6.05%; 10-year Treasury yield at 3.85%
By Inman News, Thursday, February 28, 2008.Bookmarking Sites
Long-term mortgage interest rates came down Wednesday, and the benchmark 10-year Treasury bond yield was down at 3.85 percent.
The 30-year fixed-rate average fell to 6.05 percent, and the 15-year fixed rate declined to 5.48 percent. The 1-year adjustable rate dipped to 4.87 percent.
The 30-year Treasury bond yield sank to 4.65 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
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