Long-term mortgage interest rates moved higher Monday, and the benchmark 10-year Treasury bond yield dipped to 4.6 percent. The 30-year fixed-rate average gained to 5.71 percent, and the 15-year fixed rate inched up to 5.44 percent. The 1-year adjustable was up at 5.33 percent. The 30-year Treasury bond yield stayed at 4.8 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 11.94 points, or 0.1 percent, finishing at 12,469.07. The Nasdaq gained 6.7 points, or 0.27 percent, closing at 2,455.63. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. ...
by Amber Taufen | Today 12:27 P.M.
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