Long-term mortgage interest rates were mostly flat Friday, and the benchmark 10-year Treasury bond yield dropped to 4.69 percent. The 30-year fixed-rate average held at 5.77 percent, and the 15-year fixed rate dipped to 5.54 percent. The 1-year adjustable stayed at 5.39 percent. The 30-year Treasury bond yield decreased to 4.79 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 2.56 points, or 0.02 percent, finishing at 12,767.57. The Nasdaq was down 0.79 points, or 0.03 percent, closing at 2,496.31. Stock and bond figures...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.