Long-term mortgage interest rates were lower Wednesday, and the benchmark 10-year Treasury bond yield rose to 5.04 percent. The 30-year fixed-rate average decreased to 6.2 percent, and the 15-year fixed-rate dipped to 5.86 percent. The 1-year adjustable was down at 5.25 percent. The 30-year Treasury bond yield inched up to 5.13 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 gained 18.97 points, or 0.17 percent, finishing at 11,117.32. The Nasdaq added 10.41 points, or 0.48 percent, closing at 2,169.17. Stock and bond figures are...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.