Inman

Overnight real estate rates stagnate

Long-term mortgage interest rates were mostly flat Tuesday, and the benchmark 10-year Treasury bond yield gained to 4.56 percent.

The 30-year fixed-rate average sank to 5.81 percent, and the 15-year fixed-rate held at 5.42 percent. The 1-year adjustable was up to 4.55 percent.

The 30-year Treasury bond yield increased to 4.65 percent.

Rates 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 lost 48.51 points, or 0.45 percent, finishing at 10,749.76. The Nasdaq was down 13.84 points, or 0.61 percent, closing at 2,244.96.

Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time.

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