By Inman News, Thursday, February 16, 2006.
Long-term mortgage interest rates were up Wednesday, and the benchmark 10-year Treasury bond yield dipped to 4.6 percent.
The 30-year fixed-rate average rose to 5.87 percent, and the 15-year fixed-rate held at 5.48 percent. The 1-year adjustable was up at 4.6 percent.
The 30-year Treasury bond yield decreased to 4.57 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...