Industry News

Overnight real estate rates head uphill

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Long-term mortgage interest rates were up Thursday, and the benchmark 10-year Treasury bond yield rose to 4.61 percent. The 30-year fixed-rate average edged up to 5.8 percent, and the 15-year fixed-rate rose to 5.5 percent. The 1-year adjustable remained at 5.24 percent. The 30-year Treasury bond yield increased to 4.76 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 29.21 points, or 0.25 percent, finishing at 11,718.45. The Nasdaq was up 6.63 points, or 0.29 percent, closing at 2,270.02. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....