Industry News

Dip in overnight real estate rates

30-year fixed rate at 5.76%; 10-year Treasury yield at 4.46%

Long-term mortgage interest rates were down Wednesday, and the benchmark 10-year Treasury bond yield declined to 4.46 percent. The 30-year fixed-rate average sank to 5.76 percent, and the 15-year fixed-rate dropped to 5.36 percent. The 1-year adjustable was down at 4.52 percent. The 30-year Treasury bond yield decreased 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 59.79 points, or 0.55 percent, finishing at 10,883.51. The Nasdaq lost 2.41 points, or 0.11 percent, closing at 2,262.59. 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