Treasury Bond Yields almost unchanged this week - The 10-year treasury bond closed the week yielding 2.76%, down slightly from 2.79% last week. The 30-year treasury bond yield ended the week at 3.06%, slightly down from 3.09% last week. We watch treasury bond yields because mortgage rates follow bond yields.
Mortgage rates unchanged this week - Rates at the lowest levels in 9 months - The January 24, 2019 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.45%, unchanged from 4.45% last week. The 15-year fixed was 3.88%, unchanged from 3.88% last week. The 5-year ARM was 3.90%, up slightly from 3.87% last week.