Industry News

Real estate rates sink overnight

30-year fixed rate at 5.68%; 10-year Treasury yield at 4.65%

Long-term mortgage interest rates came down Wednesday, and the benchmark 10-year Treasury bond yield rose to 4.65 percent. The 30-year fixed-rate average dipped to 5.68 percent, and the 15-year fixed rate declined to 5.44 percent. The 1-year adjustable held steady at 5.31 percent. The 30-year Treasury bond yield increased to 4.78 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 102.94 points, or 0.83 percent, finishing at 12,510.57. The Nasdaq was up 17.71 points, or 0.73 percent, closing at 2,431.22. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. ...