Thursday, June 16, 2005

Long Term Interest Rates on the Rise

After seeing rates drop most of last week the long-term mortgage interest rates were up Wednesday, and the benchmark 10-year Treasury bond yield slipped to 4.1 percent.

The 30-year fixed-rate average rose to 5.22 percent, and the 15-year fixed-rate climbed to 4.83 percent. The 1-year adjustable remained at 3.61 percent.

The 30-year Treasury bond yield dipped to 4.4 percent.

Rates are current as of 7:15 p.m. Eastern Standard Time.
Rates may vary in different parts of the country and are dependent on amount of down payment and credit score.

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