By Inman News, Wednesday, October 4, 2006.
Long-term mortgage interest rates were unchanged Tuesday, and the benchmark 10-year Treasury bond yield stayed at 4.61 percent.
The 30-year fixed-rate average remained at 5.81 percent, and the 15-year fixed-rate held at 5.51 percent. The 1-year adjustable was up at 5.29 percent.
The 30-year Treasury bond yield held at 4.75 percent.
Rates are current as of 7:15 p.m. Eastern Standard Time.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. more...