Long-term mortgage interest rates continued higher Monday, and the benchmark 10-year Treasury bond yield stayed at 4.74 percent. The 30-year fixed-rate average climbed to 5.8 percent, and the 15-year fixed rate increased to 5.54 percent. The 1-year adjustable was up at 5.37 percent. The 30-year Treasury bond yield held at 4.92 percent. Rates and bonds 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 8.94 points, or 0.07 percent, finishing at 12,569.14. The Nasdaq was down 2.16 points, or 0.09 percent, closing at 2,469.18. Stock figures are ...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.