Industry News

Overnight real estate rates stall

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Long-term mortgage interest rates were mostly flat Thursday, and the benchmark 10-year Treasury bond yield dipped to 5.07 percent. The 30-year fixed-rate average held at 6.15 percent, and the 15-year fixed-rate inched up to 5.82 percent. The 1-year adjustable was up at 5.24 percent. The 30-year Treasury bond yield sank to 5.17 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 rose 28.02 points, or 0.25 percent, finishing at 11,382.51. The Nasdaq gained 11.32 points, or 0.49 percent, closing at 2,344.95. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....