Industry News

Overnight real estate rates steady

30-year fixed rate at 5.62%; 10-year Treasury yield at 4.45%

Long-term mortgage interest rates calmed Monday and the benchmark 10-year Treasury bond yield increased to 4.45 percent. The 30-year fixed-rate average remained at 5.62 percent, and the 15-year fixed-rate held at 5.22 percent. The 1-year adjustable was down at 4.15 percent. The 30-year Treasury bond yield climbed to 4.66 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. Mortgage rate figures are according to, 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 169.78 points, or 1.66 percent, finishing at 10,385. The Nasdaq gained 33.62 points, or 1.61 percent, closing at 2,115.83. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. *** What's your opinion? Send your Letter to the Editor to