Thursday, March 16, 2006

Real Estate Rates Simmer Down

I'm keeping an eye on rates... they will be higher as the year goes on, but there is still time to get historically low mortage interest rates.

Thursday, March 16, 2006
Long-term mortgage interest rates continued lower Wednesday, and the benchmark 10-year Treasury bond yield gained to 4.73 percent.
The 30-year fixed-rate average dipped to 5.91 percent, and the 15-year fixed-rate sank to 5.59 percent. The 1-year adjustable was down at 4.88 percent.
The 30-year Treasury bond yield increased to 4.75 percent.
Rates are current as of 7:15 p.m. Eastern Standard Time.

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