Industry News

Overnight real estate rates in 8-day climb

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Long-term mortgage interest rates continued their uptrend Monday, and the benchmark 10-year Treasury bond yield climbed to 5.15 percent. The 30-year fixed-rate average jumped to 6.33 percent, and the 15-year fixed rate rose to 6 percent. The 1-year adjustable, however, dipped to 5.55 percent. The 30-year Treasury bond yield was up to 5.26 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 inched up 0.57 points, or 0 percent, finishing at 13,424.96. The Nasdaq was down 1.39 points, or 0.05 percent, closing at 2,572.15. Stock figures are current as of 7:30 p.m. Eastern Standard Time....