MLS Real Estate & Listings Blog

Long-term mortgage interest rates were unchanged Friday, and the
benchmark 10-year Treasury bond yield fell to 3.44 percent.

The 30-year fixed-rate average stayed at 5.75 percent, and the
15-year fixed rate held at 5.27 percent. The 1-year adjustable rate, however, gained to 5.32 percent.

The 30-year Treasury bond yield was down at 4.32 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage interest rates were up Thursday, and the
benchmark 10-year Treasury bond yield climbed to 3.53 percent.

The 30-year fixed-rate average rose to 5.75 percent, and the
15-year fixed rate gained to 5.27 percent. The 1-year adjustable rate, however, dropped to 5.3 percent.

The 30-year Treasury bond yield was up at 4.39 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage rates this week were mixed, with the 30-year fixed rate falling and the 15-year rate rising, Freddie Mac reported today.

The average rate on 30-year fixed loans dipped from 5.87 percent to 5.85 percent, while the 15-year average rose from 5.27 percent to 5.34 percent. By contrast, a year ago the 30-year averaged 6.16 percent and the 15-year averaged 5.86 percent.  more…

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Long-term mortgage interest rates were lower Wednesday, and the
benchmark 10-year Treasury bond yield sank to 3.46 percent.

The 30-year fixed-rate average dipped to 5.68 percent, and the
15-year fixed rate slipped to 5.2 percent. The 1-year adjustable rate, however, rose to 5.46 percent.

The 30-year Treasury bond yield was up at 4.31 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage interest rates were flat Tuesday, and the benchmark 10-year Treasury bond yield sank to 3.51 percent.

The 30-year fixed-rate average dipped to 5.72 percent, and the 15-year fixed rate held at 5.22 percent. The 1-year adjustable rate slipped to 5.41 percent.

The 30-year Treasury bond yield was down to 4.3 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Some progress this week by the authorities has helped mortgage rates fall to the 5.75 percent area for the first time since January. However, the improvement is limited to vanilla "agency" loans, the jumbo and even agency ARM markets still broken. The credit crunch is still alive, growing tighter, and the financial system is unstable.  more…

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Long-term mortgage interest rates fell Thursday, and the
benchmark 10-year Treasury bond yield dropped to 3.33 percent.

The 30-year fixed-rate average dipped to 5.62 percent, and the
15-year fixed rate sank to 5.08 percent. The 1-year adjustable rate rose to 5.53 percent.

The 30-year Treasury bond yield slipped to 4.17 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage rates tumbled this week after the Fed cut a key short-term interest rate and on news that inflation in February was weaker than expected, Freddie Mac reported today.

The average rate on 30-year fixed mortgages dropped to 5.87 percent from last week’s 6.13 percent, and the average 15-year fixed rate plunged to 5.27 percent from 5.6 percent.

To qualify for these rates, borrowers must pay points, or fees that lenders charge for loan processing expressed as a percent of the loan, which this week averaged 0.5 on the 30- and 15-year loans.  more…

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Long-term mortgage interest rates continued to fall Tuesday, and the
benchmark 10-year Treasury bond yield climbed to 3.49 percent.

The 30-year fixed-rate average dropped to 5.66 percent, and the
15-year fixed rate fell to 5.04 percent. The 1-year adjustable rate, however, rose to 5.34 percent.

The 30-year Treasury bond yield increased to 4.35 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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The Federal Reserve today cut 75 basis points from two key short-term interest rates — a move that in less turbulent times would have been viewed as a drastic measure, but which fell short of some investors’ expectations for a full 1 percent cut.

The Fed’s actions fueled a stock market rally, but aren’t expected to have an impact on long-term interest rates like mortgages until investors who fund loans return to the secondary market where they are bought and sold.  more…

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Long-term mortgage interest rates were down again Monday, and the
benchmark 10-year Treasury bond yield sank to 3.31 percent.

The 30-year fixed-rate average dropped to 5.74 percent, and the
15-year fixed rate fell to 5.09 percent. The 1-year adjustable rate dipped to 5.07 percent.

The 30-year Treasury bond yield decreased to 4.27 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage interest rates continued to fall Friday, and the
benchmark 10-year Treasury bond yield sank to 3.44 percent.

The 30-year fixed-rate average dropped to 5.89 percent, and the
15-year fixed rate fell to 5.22 percent. The 1-year adjustable rate, however, climbed to 5.11 percent.

The 30-year Treasury bond yield decreased to 4.36 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage interest rates were lower Thursday, and the
benchmark 10-year Treasury bond yield rose to 3.53 percent.

The 30-year fixed-rate average dropped to 5.95 percent, and the
15-year fixed rate fell to 5.28 percent. The 1-year adjustable rate, however, climbed to 4.99 percent.

The 30-year Treasury bond yield increased to 4.45 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Mortgage rates were up this week, Freddie Mac reported today in its latest survey, but were still lower than they were a year ago.

The average rate on 30-year fixed-rate mortgages climbed to 6.13 percent from last week’s 6.03 percent, while the average 15-year fixed mortgage jumped from 5.47 percent to 5.6 percent. A year ago, rates on the 30- and 15-year loans averaged 6.14 percent and 5.88 percent, respectively.  more…

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Long-term mortgage interest rates posted more gains Friday, and the
benchmark 10-year Treasury bond yield was down at 3.53 percent.

The 30-year fixed-rate average slipped to 6.09 percent, and the
15-year fixed rate fell to 5.49 percent. The 1-year adjustable rate decreased to 4.69 percent.

The 30-year Treasury bond yield decreased to 4.54 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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