The long-term mortgage interest rates took a dip on Wednesday, and the benchmark 10-year Treasury bond yield sank to 4.2 percent.
The 30-year fixed-rate average dipped to 5.32 percent, and the 15-year fixed-rate decreased to 4.91 percent. The 1-year adjustable was down at 3.72 percent. The 30-year Treasury bond yield also dipped to 4.55 percent.
These mortgage rate figures are published by Bankrate.com, which publishes nightly averages by surveying over 4,000 banks accross the US.
For more information visit www.bankrate.com
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Just an FYI -- you are mentioned in a page of housing/real estate blogs, but since you have no track back, I am posting here to alert you . . .
http://bigpicture.typepad.com/comments/2005/05/real_estate_blo.html
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