Industry News

Overnight real estate rates barely budge

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Long-term mortgage interest rates were mostly flat Tuesday, and the benchmark 10-year Treasury bond yield inched up to 5.13 percent. The 30-year fixed-rate average crept up to 6.32 percent, and the 15-year fixed-rate held at 6.01 percent. The 1-year adjustable edged up to 5.47 percent. The 30-year Treasury bond yield rose 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 gained 51.87 points, or 0.48 percent, finishing at 10,799.23. The Nasdaq was up 5.5 points, or 0.27 percent, closing at 2,043.22. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....