Long-term mortgage interest rates inched up Friday, and the benchmark 10-year Treasury bond yield dipped to 4.69 percent. The 30-year fixed-rate average rose to 5.77 percent, and the 15-year fixed rate gained to 5.5 percent. The 1-year adjustable sank to 5.59 percent. The 30-year Treasury bond yield stayed at 4.88 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 15.44 points, or 0.12 percent, finishing at 13,120.94. The Nasdaq was up 2.75 points, or 0.11 percent, closing at 2,557.21. Stock figures are current as of 7:30 p.m. Eastern Standard Time....
by Andrew Wetzel | on Mar 22, 2017
by Brad Inman | 2 days
by Brad Inman | on Mar 21, 2017