Overnight real estate rates slip

11:12 am on Wednesday, November 15, 2006

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30-year fixed rate at 5.73%; 10-year Treasury yield at 4.57%

Long-term mortgage interest rates leveled out Tuesday, and the benchmark 10-year Treasury bond yield dipped to 4.57 percent.

The 30-year fixed-rate average dipped slightly to 5.73 percent, and the 15-year fixed rate slipped to 5.47 percent. The 1-year adjustable was unchanged at 5.34 percent.

The 30-year Treasury bond yield decreased to 4.66 percent.

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

Read more on Inman News here.

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