Long-term mortgage interest rates were up Tuesday, and the benchmark 10-year Treasury bond yield gained to 4.72 percent. The 30-year fixed-rate average edged up to 5.88 percent, and the 15-year fixed-rate rose to 5.57 percent. The 1-year adjustable held at 4.89 percent. The 30-year Treasury bond yield increased to 4.75 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 was down 39.06 points, or 0.35 percent, finishing at 11,235.47. The Nasdaq lost 19.88 points, or 0.86 percent, closing at 2,294.23. 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 [email protected]...
by Ingrid Burke | on Feb 20, 2017
by Inman | on Feb 14, 2017
by Bernice Ross | 16 hours