Treasury Bond yields slightly lower this week – The 10-year treasury bond closed the week yielding 2.94%, almost unchanged from 2.95% last week.The 30-year treasury bond yield ended the week at 3.10%, slightly down from 3.12% last week.
Mortgage Rates unchanged this week – The May 10, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.55%, unchanged from last week’s 4.55%. The 15-year fixed was 4.01%, almost unchanged from 4.03% last week. The 5-year ARM was 3.77%, up from 3.69% last week. Rates were slightly lower on Friday, so next week’s rates could be slightly lower.