Industry News

Overnight real estate rates stall

30-year fixed rate at 5.62%; 10-year Treasury yield at 4.33%

Long-term mortgage interest rates were mostly flat Wednesday, and the benchmark 10-year Treasury bond yield stayed at 4.33 percent. The 30-year fixed-rate average slipped to 5.62 percent, and the 15-year fixed-rate held at 5.19 percent. The 1-year adjustable was up at 4.51 percent. The 30-year Treasury bond yield remained at 4.51 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. Mortgage rate figures are according to, 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 was down 41.46 points, or 0.38 percent, finishing at 10,854.86. The Nasdaq lost 23.05 points, or 1 percent, closing at 2,279.64. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. *** What's your opinion? Send your Letter to the Editor to