Long-term mortgage interest rates stood still Tuesday, and the benchmark 10-year Treasury bond yield dropped to 4.52 percent. The 30-year fixed-rate average stayed at 6.09 percent, and the 15-year fixed rate held at 5.71 percent. The 1-year adjustable was up at 5.71 percent. The 30-year Treasury bond yield sank to 4.77 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 lost 40.24 points, or 0.29 percent, finishing at 14,047.31. The Nasdaq was up 6.12 points, or 0.22 percent, closing at 2,747.11. Stock figures are curr...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.