Long-term mortgage interest rates inched up again Monday, and the benchmark 10-year Treasury bond yield climbed to 4.8 percent. The 30-year fixed-rate average rose to 5.81 percent, and the 15-year fixed rate gained to 5.59 percent. The 1-year adjustable was down at 5.37 percent. The 30-year Treasury bond yield increased to 4.89 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. Mortgage rate figures are according to Bankrate.com, 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 28.28 points, or 0.22 percent, finishing at 12,552.55. The Nasdaq was down 9.44 points, or 0.38 percent, closing at 2,459.82. Stock and bond figures are current as of 7:30 p.m. Eastern Standard Time. ...
by Bernice Ross | Aug 7
by Gill South | Today 9:30 A.M.
by Bernice Ross | Aug 14