Long-term mortgage interest rates were lower again Thursday, and the benchmark 10-year Treasury bond yield edged up to 4.6 percent. The 30-year fixed-rate average sank to 5.78 percent, and the 15-year fixed rate fell to 5.49 percent. The 1-year adjustable held at 5.33 percent. The 30-year Treasury bond yield gained to 4.72 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 lost 12.48 points, or 0.1 percent, finishing at 12,018.54. The Nasdaq was down 0.33 points, or 0.01 percent, closing at 2,334.02. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....
by Andrew Wetzel | on Mar 22, 2017
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