Industry News

Overnight mortgage rates crawl higher

30-year fixed up at 5.82%; 10-year Treasury up at 4.58%

Long-term mortgage interest rates were slightly higher Wednesday, and the benchmark 10-year Treasury bond yield moved up to 4.58 percent. The 30-year fixed-rate average rose to 5.82 percent, and the 15-year fixed-rate inched up to 5.16 percent. The 1-year adjustable was unchanged at 3.26 percent. The 30-year Treasury bond yield increased to 5.35 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. Mortgage rate figures are according to, 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 was down 6.25 points, or 0.06 percent, finishing at 10,310.95. The Nasdaq was up 6.78 points, or 0.35 percent, closing at 1,957.26. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. *** Send tips, feedback or a letter to the editor to or call (510) 658-9252, ext. 124. ...