Mortgage rates edge up
2/16/2006
The relative stability of Treasury yields allowed lenders to hold mortgage rates steady during the day, but rates on a few popular products edged up late yesterday and overnight.
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 6.036 percent, down from 6.039 percent on Wednesday.
The 15-year conventional fixed-rate mortgage was at 5.633 percent, up from 5.614 percent on Wednesday.
Mortgage rates are likely to remain near present levels due to the stability of Treasury yields on Thursday.
The relative stability of Treasury yields allowed lenders to hold mortgage rates steady during the day, but rates on a few popular products edged up late yesterday and overnight.
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 6.036 percent, down from 6.039 percent on Wednesday.
The 15-year conventional fixed-rate mortgage was at 5.633 percent, up from 5.614 percent on Wednesday.
Mortgage rates are likely to remain near present levels due to the stability of Treasury yields on Thursday.
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