Dip in overnight real estate rates

Long-term mortgage interest rates were down Tuesday, and the benchmark 10-year Treasury bond yield fell to 4.62 percent.

The 30-year fixed-rate average sank to 5.76 percent, and the 15-year fixed rate dropped to 5.49 percent. The 1-year adjustable was down at 5.6 percent.

The 30-year Treasury bond yield decreased to 4.81 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.

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