Industry News

Swift gains in overnight real estate rates

30-year fixed rate at 5.89%; 10-year Treasury yield at 4.87%

Long-term mortgage interest rates were up again Friday, and the benchmark 10-year Treasury bond yield slipped to 4.87 percent. The 30-year fixed-rate average gained to 5.89 percent, and the 15-year fixed rate edged up to 5.64 percent. The 1-year adjustable was up at 5.42 percent. The 30-year Treasury bond yield held at 4.97 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. Mortgage rate figures are according to, 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 15.54 points, or 0.12 percent, finishing at 12,487.02. The Nasdaq was up 1.25 points, or 0.05 percent, closing at 2,435.49. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. ...