Industry News

Overnight real estate rates gain

30-year fixed rate at 5.95%; 10-year Treasury yield at 4.8%

Long-term mortgage interest rates inched higher Wednesday, and the benchmark 10-year Treasury bond yield rose to 4.8 percent. The 30-year fixed-rate average rose to 5.95 percent, and the 15-year fixed-rate edged up to 5.66 percent. The 1-year adjustable was unchanged at 5.32 percent. The 30-year Treasury bond yield increased to 4.95 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 63.08 points, or 0.55 percent, finishing at 11,406.2. The Nasdaq was down 37.86 points, or 1.72 percent, closing at 2,167.84. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....