Long-term mortgage interest rates were up again Wednesday, and the benchmark 10-year Treasury bond yield slipped to 3.91 percent. The 30-year fixed-rate average rose to 5.86 percent, and the 15-year fixed rate gained to 5.46 percent. Meanwhile, the 1-year adjustable rate jumped to 5.92 percent. The 30-year Treasury bond yield dipped to 4.61 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 rose 66.2 points, or 0.52 percent, finishing at 12,898.38. The Nasdaq gained 1.58 points, or 0.06 percent, closing...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.