Mortgage Rates Remain Steady
10/20/2005
At the end of the session Treasury yields were unchanged on the day, leaving mortgage rates, which are based on yields, to remain steady.
At 4 p.m. EDT, AVERAGE mortgage rates (zero discount points) based on rates collected nationwide were:
The 30-year Conventional Fixed-Rate Mortgage was at 5.858 percent from 5.873 percent at Wednesday's close.
The 15-year Conventional Fixed-Rate Mortgage was at 5.457 percent from 5.459 percent at Wednesday's close.
With yields remaining steady today, mortgage lenders will probably hold rates near current levels overnight and into Friday.
At the end of the session Treasury yields were unchanged on the day, leaving mortgage rates, which are based on yields, to remain steady.
At 4 p.m. EDT, AVERAGE mortgage rates (zero discount points) based on rates collected nationwide were:
The 30-year Conventional Fixed-Rate Mortgage was at 5.858 percent from 5.873 percent at Wednesday's close.
The 15-year Conventional Fixed-Rate Mortgage was at 5.457 percent from 5.459 percent at Wednesday's close.
With yields remaining steady today, mortgage lenders will probably hold rates near current levels overnight and into Friday.
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