Industry News

Overnight real estate rates take a breather

30-year fixed rate at 6.18%; 10-year Treasury yield at 4.97%

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Long-term mortgage interest rates were flat Friday, and the benchmark 10-year Treasury bond yield sank to 4.97 percent. The 30-year fixed-rate average held at 6.18 percent, and the 15-year fixed-rate remained at 5.87 percent. The 1-year adjustable was unchanged at 5.25 percent. The 30-year Treasury bond yield decreased to 5.02 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 46.9 points, or 0.43 percent, finishing at 10,891.92. The Nasdaq fell 10.26 points, or 0.48 percent, closing at 2,135.06. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....