Industry News

Mixed movement in overnight real estate rates

30-year fixed rate at 5.76%; 10-year Treasury yield at 4.6%

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Long-term mortgage interest rates were mixed Wednesday, and the benchmark 10-year Treasury bond yield rose to 4.6 percent. The 30-year fixed-rate average edged up to 5.76 percent, and the 15-year fixed-rate held at 5.47 percent. The 1-year adjustable was down at 5.24 percent. The 30-year Treasury bond yield increased to 4.74 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 19.85 points, or 0.17 percent, finishing at 11,689.24. The Nasdaq was up 2.05 points, or 0.09 percent, closing at 2,263.39. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....