Long-term mortgage interest rates were higher Wednesday, and the benchmark 10-year Treasury bond yield rose to 4.07 percent. The 30-year fixed-rate average increased to 5.31 percent, and the 15-year fixed-rate nudged up to 4.71 percent. The 1-year adjustable was down at 3.22 percent. The 30-year Treasury bond yield increased to 4.83 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 up 101.32 points, or 1.01 percent, finishing at 10,137.05. The Nasdaq was up 19.54 points, or 0.98 percent, closing at 2,004.33. Stock and bond fi...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.