Long-term mortgage interest rates were up Thursday, and the benchmark 10-year Treasury bond yield increased to 4.85 percent. The 30-year fixed-rate average rose to 6.08 percent, and the 15-year fixed-rate increased slightly to 5.44 percent. The 1-year adjustable was up slightly at 3.4 percent. The 30-year Treasury bond yield increased to 5.56 percent. Rates 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 was down 34.42 points, or 0.34 percent, finishing at 10,010.74. The Nasdaq was up 0.44 points, or 0.02 percent, closing at 1,926.03. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. *** Send tips or a letter to the editor to [email protected] or call (510) 658-9252, ext. 124....
by Ingrid Burke | on Feb 20, 2017
by Inman | on Feb 14, 2017
by Gill South | 7 days