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Real Estate Rates Up?

By
Real Estate Agent with Coldwell Banker

On Monday, long term mortgage interest rates, as well as 10 year Treasury bond yield rose.

30-year fixed rate loan average gained to 6.10, with 15-year fixed also rising to 5.77 percent.  The one year adjustable rate however experienced a downturn to 5.93 percent.

30-year Treasury bond yields also rose to 4.43 percent.

-Figures sourced from Bankrate.com, which acquires its figured by surveying 4000 banks in 50 states.  Points on these mortgages ranged from none to 3.5

Loan TypeToday's
Rate (+/-)
Last Week's
Rate
5/1 ARM  5.93% Rate Down from Last Quote 6.02%
5/1 jumbo ARM  6.44% Rate Down from Last Quote 6.53%
15 yr fixed mtg  5.77% Rate Up from Last Quote 5.61%
15 yr fixed jumbo mtg  6.72% Rate Up from Last Quote 6.66%
30 yr fixed mtg  6.10% Rate Up from Last Quote 5.95%
30 yr fixed jumbo mtg  6.93% Rate Down from Last Quote 6.97%