Long-term mortgage interest rates were up again Thursday, and the
benchmark 10-year Treasury bond yield increased to 3.83 percent.
The 30-year fixed-rate average edged up to 5.86 percent, and the
15-year fixed rate gained to 5.45 percent. Meanwhile, the 1-year adjustable rate rose to 5.8 percent.
The 30-year Treasury bond yield climbed to 4.55 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 gained 85.73 points, or 0.67 percent, finishing at 12,848.95.
The Nasdaq jumped 23.71 points, or 0.99 percent, closing at 2,428.92.
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.