mortgage rates dip slightly
2/7/2006
The 30-year Treasury bond closed down 18/32 in price with the yield rising to 4.66 percent, up from 4.62 percent on Monday. The 10-year Treasury note closed down 7/32 with the yield rising to 4.57 percent, up from 4.54 percent on Monday. The five-year Treasury note closed down 2/32 with the yield climbing to 4.52 percent, up from 4.51 percent on Monday. The two-year Treasury note closed up 1/32 with the yield dropping to 4.60 percent down from 4.61 percent on Monday. At 4 p.m. EST, average mortgage rates (zero discount points) based on rates collected nationwide were: The 30-year conventional fixed-rate mortgage was at 6 percent, down from 6.003 percent on Monday. The 15-year conventional fixed-rate mortgage was at 5.585 percent, down from 5.577 percent on Monday.
Mortgage rates are expected to continue around today's levels.
The 30-year Treasury bond closed down 18/32 in price with the yield rising to 4.66 percent, up from 4.62 percent on Monday. The 10-year Treasury note closed down 7/32 with the yield rising to 4.57 percent, up from 4.54 percent on Monday. The five-year Treasury note closed down 2/32 with the yield climbing to 4.52 percent, up from 4.51 percent on Monday. The two-year Treasury note closed up 1/32 with the yield dropping to 4.60 percent down from 4.61 percent on Monday. At 4 p.m. EST, average mortgage rates (zero discount points) based on rates collected nationwide were: The 30-year conventional fixed-rate mortgage was at 6 percent, down from 6.003 percent on Monday. The 15-year conventional fixed-rate mortgage was at 5.585 percent, down from 5.577 percent on Monday.
Mortgage rates are expected to continue around today's levels.
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