Wednesday, August 18, 2004

Overnight mortgage rates hold steady

30-year unchanged at 5.46%; 10-year Treasury up at 4.26%

Long-term mortgage interest rates were flat Monday, and the benchmark 10-year Treasury bond yield gained to 4.26 percent.

The 30-year fixed-rate average remained at 5.46 percent, and the 15-year fixed-rate nudged up to 4.88 percent. The 1-year adjustable was unchanged at 3.24 percent.

The 30-year Treasury bond yield climbed to 5.05 percent.
Rates are current as of 7:15 p.m. Eastern Standard Time.

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