Industry News

Overnight real estate rates up further

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Long-term mortgage interest rates were up again Thursday, and the benchmark 10-year Treasury bond yield dipped to 4.84 percent. The 30-year fixed-rate average increased to 5.94 percent, and the 15-year fixed rate edged up to 5.65 percent. The 1-year adjustable stayed at 5.69 percent. The 30-year Treasury bond yield sank to 4.99 percent. Rates and bonds 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 lost 84.52 points, or 0.62 percent, finishing at 13,441.13. The Nasdaq was down 39.13 points, or 1.52 percent, closing at 2,537.92. Stock figures are current as of 7:30 p.m. Eastern Standard Time. ...