Industry News

Slight change in overnight real estate rates

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Long-term mortgage interest rates barely budged Friday, and the benchmark 10-year Treasury bond yield dipped to 5.1 percent. The 30-year fixed-rate average edged up to 6.31 percent, and the 15-year fixed rate held at 6.01 percent. The 1-year adjustable stayed at 5.54 percent. The 30-year Treasury bond yield was down at 5.19 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 gained 45.52 points, or 0.33 percent, finishing at 13,907.25. The Nasdaq was up 5.27 points, or 0.2 percent, closing at 2,707. Stock figures are current as of 7:30 p.m. Eastern Standard Time....