Industry NewsMarkets & Economy

Real estate rates mostly flat

30-year fixed rate at 6.07%; 10-year Treasury yield at 3.45%

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Long-term mortgage interest rates were mostly flat Monday, and the benchmark 10-year Treasury bond yield was down at 3.45 percent. The 30-year fixed-rate average slipped to 6.07 percent, and the 15-year fixed rate was unchanged 5.49 percent. The 1-year adjustable rate decreased to 4.63 percent. The 30-year Treasury bond yield decreased to 4.46 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 tumbled 153.54 points, or 1.29 percent, finishing at 11,740.15. The Nasdaq lost 43.15 points, or 1.95 percent, closing at 2,169.34. Stock figures are current as of 7:30 p.m. Eastern Standard Time. *** What's your opinion? Leave your comments below or send a letter to the editor. ...