Industry News

Overnight real estate rates barely budge

30-year fixed rate at 6.13%; 10-year Treasury yield at 5.14%

Long-term mortgage interest rates were mostly flat Monday, and the benchmark 10-year Treasury bond yield jumped to 5.14 percent. The 30-year fixed-rate average held at 6.13 percent, and the 15-year fixed-rate inched up to 5.8 percent. The 1-year adjustable rose to 5.25 percent. The 30-year Treasury bond yield climbed to 5.23 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 fell 23.85 points, or 0.21 percent, finishing at 11,343.29. The Nasdaq lost 17.78 points, or 0.77 percent, closing at 2,304.79. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....