Industry News

Overnight real estate rates advance

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Long-term mortgage interest rates were up Monday, and the benchmark 10-year Treasury bond yield dipped to 4.61 percent. The 30-year fixed-rate average edged up to 5.81 percent, and the 15-year fixed-rate gained to 5.51 percent. The 1-year adjustable held at 5.23 percent. The 30-year Treasury bond yield sank to 4.75 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 8.72 points, or 0.07 percent, finishing at 11,670.35. The Nasdaq was down 20.83 points, or 0.92 percent, closing at 2,237.6. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....