Real estate
rates dive overnight
30-year fixed rate at 5.57%; 10-year Treasury yield at 3.87%
Monday,
January 07, 2008
Inman News
Long-term mortgage interest rates were down again Friday,
and the benchmark 10-year Treasury bond yield dipped to 3.87
percent.
The 30-year fixed-rate average sank to 5.57 percent, and the
15-year fixed rate slid to 5.11 percent. The 1-year
adjustable rate was down at 5.38 percent.
The 30-year Treasury bond yield edged up to 4.38 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard
Time.
Mortgage rate figures are according to Bankrate.com, which
publishes nightly averages based on its survey of 4,000
banks in 50 states. Points on these mortgages range from
zero to 3.5.
In other economic news, the Dow Jones Industrial Average
plunged 256.54 points, or 1.96 percent, finishing at
12,800.18. The Nasdaq lost 98.03 points, or 3.77 percent,
closing at 2,504.65.
Stock figures are current as of 7:30 p.m. Eastern Standard
Time.
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| 2003 © www.john-chapman.com
Real Estate information contained in this site deemed
reliable but not guaranteed for Las Vegas, Henderson,
Summerlin, Green Valley, North Las Vegas, Boulder City ~ Las
Vegas Real Estate. This covers MLS Las Vegas commercial real
estate or residential homes in Las Vegas, Henderson,
Summerlin, North Las Vegas and Green Valley NV. John Chapman
is a Realtor for RealEstate.com and serves real estate
clients looking for homes, condos, lofts, investment
properties and high rise condos in Las Vegas, Henderson,
Summerlin, Green Valley, North Las Vegas and Boulder City
NV. Floor plans and prices for new high rise condos, Las
Vegas homes and lofts are subject to change. Las Vegas MLS
multiple listing service data is provided by the Greater Las
Vegas Association of Realtors and includes Henderson,
Summerlin, Green Valley and North Las Vegas.
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