Long-term mortgage interest rates were lower Thursday, and the benchmark 10-year Treasury bond yield fell to 4.64 percent. The 30-year fixed-rate average dropped to 5.86 percent, and the 15-year fixed-rate slid to 5.28 percent. The 1-year adjustable was down at 3.49 percent. The 30-year Treasury bond yield sank to 5.34 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 35.76 points, or 0.34 percent, finishing at 10,443.81. The Nasdaq was down 5.41 points, or 0.27 percent, closing at 2,015.57. Stock and bond figures ...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.