Long-term mortgage interest rates continued to climb Thursday, and the benchmark 10-year Treasury bond yield rose to 4.18 percent. The 30-year fixed-rate average increased to 5.17 percent, and the 15-year fixed-rate gained to 4.75 percent. The 1-year adjustable was unchanged at 3.66 percent. The 30-year Treasury bond yield increased to 4.57 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 80.62 points, or 0.74 percent, finishing at 10,754.26. The Nasdaq was down 26.09 points, or 1.25 percent, closing at 2,061.34. ...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.