Mortgage rates steady

2/10/2006

The rebound in yields kept mortgage rates, which are based on yields, near previous levels.

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 5.985 percent, down from 6.005 percent on Thursday.

The 15-year conventional fixed-rate mortgage was at 5.577 percent, down from 5.58 percent on Thursday.

Over the weekend and into Monday, however, mortgage rates should hold near present levels.