Industry News

Overnight real estate rates stand pat

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Long-term mortgage interest rates were flat Tuesday, and the benchmark 10-year Treasury bond yield rose to 5.08 percent. The 30-year fixed-rate average remained at 6.21 percent, and the 15-year fixed-rate held at 5.87 percent. The 1-year adjustable was unchanged at 5.26 percent. The 30-year Treasury bond yield inched up to 5.18 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 lost 184.18 points, or 1.63 percent, finishing at 11,094.43. The Nasdaq fell 45.63 points, or 2.06 percent, closing at 2,164.74. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....