Wednesday, August 11, 2004

Overnight mortgage rates barely budge

30-year up at 5.47%; 10-year Treasury up at 4.29%

Long-term mortgage interest rates were mostly flat Tuesday, and the benchmark 10-year Treasury bond yield rose to 4.29 percent.

The 30-year fixed-rate average rose slightly to 5.47 percent, and the 15-year fixed-rate held at 4.9 percent. The 1-year adjustable was unchanged at 3.26 percent.

The 30-year Treasury bond yield inched up to 5.07 percent.
Rates are current as of 7:15 p.m. Eastern Standard Time.

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