Industry News

Overnight real estate rates still sluggish

30-year fixed rate at 6.31%; 10-year Treasury yield at 5.03%

Long-term mortgage interest rates were mostly flat again Wednesday, and the benchmark 10-year Treasury bond yield dipped to 5.03 percent. The 30-year fixed-rate average dipped to 6.31 percent, and the 15-year fixed rate held at 6.01 percent. The 1-year adjustable sank to 5.54 percent. The 30-year Treasury bond yield was down at 5.12 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 53.33 points, or 0.38 percent, finishing at 13,918.22. The Nasdaq was down 12.8 points, or 0.47 percent, closing at 2,699.49. Stock figures are current as of 7:30 p.m. Eastern Standard Time....