Industry News

Overnight real estate rates stand pat

30-year fixed rate at 5.88%; 10-year Treasury yield at 4.67%

Long-term mortgage interest rates were flat again Friday, and the benchmark 10-year Treasury bond yield dropped to 4.67 percent. The 30-year fixed-rate average remained at 5.88 percent, and the 15-year fixed-rate held at 5.57 percent. The 1-year adjustable was up at 4.91 percent. The 30-year Treasury bond yield fell to 4.69 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 up 9.68 points, or 0.09 percent, finishing at 11,279.97. The Nasdaq gained 12.67 points, or 0.55 percent, closing at 2,312.82. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....