Industry News

Real estate rates higher overnight

30-year fixed rate at 6.08%; 10-year Treasury yield at 4.62%

Long-term mortgage interest rates were up again Friday, and the benchmark 10-year Treasury bond yield dropped to 4.62 percent. The 30-year fixed-rate average rose to 6.08 percent, and the 15-year fixed rate jumped to 5.73 percent. The 1-year adjustable, however, dipped to 5.68 percent. The 30-year Treasury bond yield was down at 4.89 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 53.49 points, or 0.39 percent, finishing at 13,820.19. The Nasdaq was up 16.93 points, or 0.64 percent, closing at 2,671.22. Stock figures are current as of 7:30 p.m. Eastern Standard Time. ...