Long-term mortgage interest rates inched up again Monday, and the benchmark 10-year Treasury bond yield dipped to 4.74 percent. The 30-year fixed-rate average gained to 5.81 percent, and the 15-year fixed rate rose to 5.55 percent. The 1-year adjustable dipped to 5.4 percent. The 30-year Treasury bond yield sank to 4.89 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 jumped 108.33 points, or 0.86 percent, finishing at 12,720.46. The Nasdaq was up 26.39 points, or 1.06 percent, closing at 2,518.33. Stock figures are curren...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.