Monday, August 23, 2004

Overnight mortgage rates mixed

30-year down at 5.43%; 10-year Treasury up at 4.23%

Long-term mortgage interest rates were mixed Friday, and the benchmark 10-year Treasury bond yield rose to 4.23 percent.

The 30-year fixed-rate average slipped to 5.43 percent, and the 15-year fixed-rate remained at 4.84 percent. The 1-year adjustable was up at 3.23 percent.

The 30-year Treasury bond yield increased to 5.03 percent.

Rates are current as of 7:15 p.m. Eastern Standard Time.

Read more at Citywide Services

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.

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