30-year fixed rate at 6.03%; 10-year Treasury yield at 4.49%
Friday, October 19, 2007
Inman News
Long-term mortgage interest rates were down again Thursday, and the benchmark 10-year Treasury bond yield fell to 4.49 percent.
The 30-year fixed-rate average dipped to 6.03 percent, and the 15-year fixed rate sank to 5.65 percent. The 1-year adjustable fell slightly to 5.73 percent.
The 30-year Treasury bond yield dropped to 4.77 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5.
In other economic news, the Dow Jones Industrial Average lost 3.58 points, or 0.03 percent, finishing at 13,888.96. The Nasdaq climbed 6.64 points, or 0.24 percent, closing at 2,799.31.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
It is my goal as your full service Realtor specializing in the Natick, Framingham, Ashland, Holliston and Wayland areas, to provide you with superior service whether you are buying or selling.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Post a comment
Temporarily disabled — coming soon!