Long-term mortgage interest rates were up again Thursday, and the benchmark 10-year Treasury bond yield jumped to 5.13 percent.
The 30-year fixed-rate average rose to 6.19 percent, and the 15-year fixed rate grew to 5.89 percent. The 1-year adjustable climbed to 5.57 percent.
The 30-year Treasury bond yield gained strongly to 5.23 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 plummeted 198.94 points, or 1.48 percent, finishing at 13,266.73. The Nasdaq was down 45.8 points, or 1.77 percent, closing at 2,541.38.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
Comments