Long-term mortgage interest rates continued higher Thursday, and the benchmark 10-year Treasury bond yield fell to 4.74 percent. The 30-year fixed-rate average inched up to 5.78 percent, and the 15-year fixed rate was up at 5.55 percent. The 1-year adjustable held at 5.38 percent. The 30-year Treasury bond yield decreased to 4.84 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 9.22 points, or 0.07 percent, finishing at 12,567.93. The Nasdaq was down 36.21 points, or 1.46 percent, closing at 2,443.21. 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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