Treasury Yields Fall
12/13/2005
The Treasury market move, however, had little immediate effect on mortgage product 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 6.057 percent from 6.058 percent on Monday.
The 15-year Conventional Fixed-Rate Mortgage was at 5.637 percent from 5.616 percent on Monday.
Given the decline in Treasury yields on Tuesday, mortgage lenders may see room to adjust rates slightly lower overnight on key products.
The Treasury market move, however, had little immediate effect on mortgage product 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 6.057 percent from 6.058 percent on Monday.
The 15-year Conventional Fixed-Rate Mortgage was at 5.637 percent from 5.616 percent on Monday.
Given the decline in Treasury yields on Tuesday, mortgage lenders may see room to adjust rates slightly lower overnight on key products.
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