Long-term mortgage interest rates rose Friday, and the benchmark 10-year Treasury bond yield fell to 4.6 percent. The 30-year fixed-rate average gained to 5.74 percent, and the 15-year fixed rate edged up to 5.5 percent. The 1-year adjustable was up at 5.34 percent. The 30-year Treasury bond yield decreased to 4.69 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 36.74 points, or 0.3 percent, finishing at 12,342.56. The Nasdaq was down 3.2 points, or 0.13 percent, closing at 2,445.86. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....
by Andrew Wetzel | on Mar 22, 2017
by Gill South | 17 hours
by Brad Inman | 2 days