Real estate rates end night mixed
30-year fixed rate at 6.11%; 10-year Treasury yield at 4.57%
By Inman News, Friday, September 28, 2007.Bookmarking Sites
Movement in long-term mortgage interest rates varied Thursday, and the benchmark 10-year Treasury bond yield dipped to 4.57 percent.
The 30-year fixed-rate average rose to 6.11 percent, and the 15-year fixed rate sank to 5.73 percent. The 1-year adjustable fell to 5.71 percent.
The 30-year Treasury bond yield was down at 4.83 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 climbed 34.79 points, or 0.25 percent, finishing at 13,912.94. The Nasdaq was up 10.56 points, or 0.39 percent, closing at 2,709.59.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
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