Industry News

Overnight real estate rates fall

30-year fixed rate at 5.64%; 10-year Treasury yield at 4.37%

Long-term mortgage interest rates were down Monday, and the benchmark 10-year Treasury bond yield remained at 4.37 percent. The 30-year fixed-rate average dropped to 5.64 percent, and the 15-year fixed-rate slipped to 5.21 percent. The 1-year adjustable rose to 4.5 percent. The 30-year Treasury bond yield decreased to 4.55 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 was up 52.59 points, or 0.48 percent, finishing at 11,011.9. The Nasdaq rose 13.07 points, or 0.57 percent, closing at 2,318.69. 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