Industry News

Slight change in overnight real estate rates

30-year fixed rate at 5.9%; 10-year Treasury yield at 4.81%

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Long-term mortgage interest rates barely moved Wednesday, and the benchmark 10-year Treasury bond yield fell to 4.81 percent. The 30-year fixed-rate average held at 5.9 percent, and the 15-year fixed rate edged up to 5.66 percent. The 1-year adjustable stayed at 5.41 percent. The 30-year Treasury bond yield decreased to 4.91 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 98.38 points, or 0.79 percent, finishing at 12,621.69. The Nasdaq was up 15.29 points, or 0.62 percent, closing at 2,463.93. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. ...