Inman

Overnight real estate rates edge up

Long-term mortgage interest rates inched up slightly Friday, and the benchmark 10-year Treasury bond yield edged up to 4.76 percent.

The 30-year fixed-rate average inched up to 5.8 percent, and the 15-year fixed rate held at 5.54 percent. The 1-year adjustable was up at 5.41 percent.

The 30-year Treasury bond yield edged up to 4.93 percent.

Rates and bonds 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 gained 59.17 points, or 0.47 percent, finishing at 12,612.13. The Nasdaq was up 11.62 points, or 0.47 percent, closing at 2,491.94.

Stock figures are current as of 7:30 p.m. Eastern Standard Time.