Long-term mortgage interest rates were flat Thursday, and the benchmark 10-year Treasury bond yield slipped to 4.77 percent. The 30-year fixed-rate average held at 6.26 percent, and the 15-year fixed rate stayed at 5.93 percent. The 1-year adjustable rose to 5.51 percent. The 30-year Treasury bond yield was down at 4.91 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 jumped 100.96 points, or 0.76 percent, finishing at 13,463.33. The Nasdaq was up 22.11 points, or 0.87 percent, closing at 2,575.98. Stock figures are current as of 7:30 p.m. Eastern Standard Time. ...
by Andrew Wetzel | on Mar 22, 2017
by Gill South | 12 hours
by Brad Inman | 2 days