Long-term mortgage interest rates climbed slightly Monday, and the benchmark 10-year Treasury bond yield gained to 4.5 percent. The 30-year fixed-rate average fell slightly to 5.59 percent, and the 15-year fixed-rate edged up to 5.19 percent. The 1-year adjustable was up at 4.23 percent. The 30-year Treasury bond yield advanced to 4.71 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 gained 60.76 points, or .59 percent, finishing at 10,348.10. The Nasdaq added 5.47 points, or 0.26 percent, closing at 2,070.30. Stock and bond fi...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.