Wednesday, September 01, 2004

Mortgage rates steady

30-year holds at 5.44%; 10-year Treasury down at 4.18%

Long-term mortgage interest rates were flat Monday, and the benchmark 10-year Treasury bond yield fell to 4.18 percent.

The 30-year fixed-rate average remained at 5.44 percent, and the 15-year fixed-rate stayed at 4.84 percent. The 1-year adjustable was down at 3.23 percent.
The 30-year Treasury bond yield decreased to 4.98 percent.

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

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