Mortgage Rates Steady
12/28/2005
Treasury yields and prices move in the opposite directions. Today's relatively small change in yields was not significant enough to influence lenders to alter their rates.
At 4 p.m. EST on Tuesday, AVERAGE mortgage rates (zero discount points) based on rates collected nationwide were:
The 30-year Conventional Fixed-Rate Mortgage was at 5.966 percent from 5.973 percent on Tuesday.
The 15-year Conventional Fixed-Rate Mortgage was at 5.534 percent versus 5.557 percent on Tuesday.
Although Treasury yields edged up on Wednesday, the move was probably not substantial enough to cause lenders to tamper with mortgage rates.
Treasury yields and prices move in the opposite directions. Today's relatively small change in yields was not significant enough to influence lenders to alter their rates.
At 4 p.m. EST on Tuesday, AVERAGE mortgage rates (zero discount points) based on rates collected nationwide were:
The 30-year Conventional Fixed-Rate Mortgage was at 5.966 percent from 5.973 percent on Tuesday.
The 15-year Conventional Fixed-Rate Mortgage was at 5.534 percent versus 5.557 percent on Tuesday.
Although Treasury yields edged up on Wednesday, the move was probably not substantial enough to cause lenders to tamper with mortgage rates.
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