Industry News

Dip in overnight real estate rates

30-year fixed rate at 5.76%; 10-year Treasury yield at 4.63%

Long-term mortgage interest rates fell slightly Monday, and the benchmark 10-year Treasury bond yield slipped to 4.63 percent. The 30-year fixed-rate average sank to 5.76 percent, and the 15-year fixed rate dipped to 5.49 percent. The 1-year adjustable stayed at 5.61 percent. The 30-year Treasury bond yield decreased to 4.78 percent. Rates and bonds are current as of 7:15 p.m. Eastern Standard Time. Mortgage rate figures are according to, 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 48.35 points, or 0.36 percent, finishing at 13,312.97. The Nasdaq was down 1.2 points, or 0.05 percent, closing at 2,570.95. Stock figures are current as of 7:30 p.m. Eastern Standard Time. ...