Long-term mortgage interest rates were flat Monday, and the benchmark 10-year Treasury bond yield fell to 4.62 percent.

The 30-year fixed-rate average held at 5.77 percent, and the 15-year fixed rate stayed at 5.5 percent. The 1-year adjustable inched up to 5.6 percent.

The 30-year Treasury bond yield dropped to 4.81 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 lost 58.03 points, or 0.44 percent, finishing at 13,062.91. The Nasdaq was down 32.12 points, or 1.26 percent, closing at 2,525.09.

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

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Leaders from across the industry answered our call to come to Inman Connect and share essential advice for leveling up your 2021.SEE THE SPEAKERS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription