Long-term mortgage interest rates continued their uptrend Monday, and the benchmark 10-year Treasury bond yield climbed to 5.15 percent. The 30-year fixed-rate average jumped to 6.33 percent, and the 15-year fixed rate rose to 6 percent. The 1-year adjustable, however, dipped to 5.55 percent. The 30-year Treasury bond yield was up to 5.26 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 inched up 0.57 points, or 0 percent, finishing at 13,424.96. The Nasdaq was down 1.39 points, or 0.05 percent, closing at 2,572.15. Stock ...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.