Industry News

Slight uptick in overnight real estate rates

30-year fixed rate at 5.87%; 10-year Treasury yield down at 4.6%

Long-term mortgage interest rates were up Wednesday, and the benchmark 10-year Treasury bond yield dipped to 4.6 percent. The 30-year fixed-rate average rose to 5.87 percent, and the 15-year fixed-rate held at 5.48 percent. The 1-year adjustable was up at 4.6 percent. The 30-year Treasury bond yield decreased to 4.57 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 jumped 30.58 points, or 0.28 percent, finishing at 11,058.97. The Nasdaq gained 14.26 points, or 0.63 percent, closing at 2,276.43. 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