Industry News

Overnight real estate rates retreat

30-year fixed rate at 5.82%; 10-year Treasury yield up at 4.55%

Long-term mortgage interest rates were down Monday, and the benchmark 10-year Treasury bond yield gained to 4.55 percent. The 30-year fixed-rate average sank to 5.82 percent, and the 15-year fixed-rate decreased to 5.42 percent. The 1-year adjustable fell to 4.53 percent. The 30-year Treasury bond yield increased slightly to 4.62 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 4.65 points, or 0.04 percent, finishing at 10,798.27. The Nasdaq was down 3.78 points, or 0.17 percent, closing at 2,258.8. 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