Tuesday, August 01, 2006

Inman - "Overnight real estate rates retreat" (8-1-06)

"30-year fixed rate at 6.17%; 10-year Treasury yield at 4.98%"

"Long-term mortgage interest rates sank further Monday, and the benchmark 10-year Treasury bond yield sank to 4.98 percent."

"The 30-year fixed-rate average fell to 6.17 percent, and the 15-year fixed-rate dipped to 5.88 percent. The 1-year adjustable was down at 5.4 percent."

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