Mortgage rates on hold
2/13/2006
This left Treasury yields, which move in the opposite direction of prices, close to those of Friday. This allowed mortgage rates, which are based on Treasury yields, to hold steady.
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 6.028 percent, up from 5.985 percent on Friday.
The 15-year conventional fixed-rate mortgage was at 5.607 percent, up from 5.577 percent on Friday.
The relative stability of Treasury yields on Monday should result in mortgage rates remaining steady into Tuesday morning.
This left Treasury yields, which move in the opposite direction of prices, close to those of Friday. This allowed mortgage rates, which are based on Treasury yields, to hold steady.
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 6.028 percent, up from 5.985 percent on Friday.
The 15-year conventional fixed-rate mortgage was at 5.607 percent, up from 5.577 percent on Friday.
The relative stability of Treasury yields on Monday should result in mortgage rates remaining steady into Tuesday morning.
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