Industry News

Overnight real estate rates tick higher

30-year fixed rate at 5.82%; 10-year Treasury yield at 4.71%

Long-term mortgage interest rates were up again Wednesday, and the benchmark 10-year Treasury bond yield rose to 4.71 percent. The 30-year fixed-rate average inched up to 5.82 percent, and the 15-year fixed rate gained to 5.53 percent. The 1-year adjustable was up at 5.66 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, 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 103.69 points, or 0.77 percent, finishing at 13,487.53. The Nasdaq was up 22.13 points, or 0.88 percent, closing at 2,547.42. Stock figures are current as of 7:30 p.m. Eastern Standard Time. ...