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Thursday, December 13, 2007

Overnight real estate rates higher

From Inman News, Thursday, December 13, 2007

Long-term mortgage interest rates were up Wednesday, and the benchmark 10-year Treasury bond yield climbed to 4.09 percent.

The 30-year fixed-rate average rose to 5.79 percent, and the 15-year fixed rate gained to 5.39 percent.

The 1-year adjustable rate was up at 5.58 percent.

The 30-year Treasury bond yield edged up to 4.54 percent.

Points on these mortgages range from zero to 3.5.

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.
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