Industry News

Overnight real estate rates advance

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Long-term mortgage interest rates were up again Friday, and the benchmark 10-year Treasury bond yield climbed to 5.2 percent. The 30-year fixed-rate average climbed to 6.21 percent, and the 15-year fixed-rate was up at 5.88 percent. The 1-year adjustable was down at 5.34 percent. The 30-year Treasury bond yield increased to 5.31 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 dropped 119.74 points, or 1.04 percent, finishing at 11,380.99. The Nasdaq lost 28.92 points, or 1.27 percent, closing at 2,243.78. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....