Industry News

Real estate rates flat overnight

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Long-term mortgage interest rates were unchanged Thursday, and the benchmark 10-year Treasury bond yield rose to 5.13 percent. The 30-year fixed-rate average stayed at 6.3 percent, and the 15-year fixed rate held at 6.01 percent. The 1-year adjustable froze at 5.54 percent. The 30-year Treasury bond yield was up at 5.22 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 soared 283.86 points, or 2.09 percent, finishing at 13,861.73. The Nasdaq was up 49.94 points, or 1.88 percent, closing at 2,701.73. Stock figures are current as of 7:30 p.m. Eastern Standard Time....