Long-term mortgage interest rates were flat Monday, and the benchmark 10-year Treasury bond yield fell to 4.62 percent. The 30-year fixed-rate average held at 5.77 percent, and the 15-year fixed rate stayed at 5.5 percent. The 1-year adjustable inched up to 5.6 percent. The 30-year Treasury bond yield dropped to 4.81 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 lost 58.03 points, or 0.44 percent, finishing at 13,062.91. The Nasdaq was down 32.12 points, or 1.26 percent, closing at 2,525.09. Stock figures are current as...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.