Industry News

Real estate rates up overnight

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Long-term mortgage interest rates were up again Thursday, and the benchmark 10-year Treasury bond yield dipped to 4.77 percent. The 30-year fixed-rate average increased to 5.92 percent, and the 15-year fixed-rate rose to 5.62 percent. The 1-year adjustable held at 5.32 percent. The 30-year Treasury bond yield slipped to 4.9 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 95.57 points, or 0.81 percent, finishing at 11,947.7. The Nasdaq was up 37.91 points, or 1.64 percent, closing at 2,346.18. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time....