Industry News

More gains in overnight real estate rates

30-year fixed rate at 5.81%; 10-year Treasury yield at 4.7%

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Long-term mortgage interest rates were up again Tuesday, and the benchmark 10-year Treasury bond yield held at 4.7 percent. The 30-year fixed-rate average inched up to 5.81 percent, and the 15-year fixed rate rose to 5.52 percent. The 1-year adjustable was up at 5.65 percent. The 30-year Treasury bond yield climbed to 4.88 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 37.06 points, or 0.28 percent, finishing at 13,383.84. The Nasdaq was down 21.15 points, or 0.83 percent, closing at 2,525.29. Stock figures are current as of 7:30 p.m. Eastern Standard Time....