Industry News

Real estate rates mixed overnight

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Movement in long-term mortgage interest rates varied Monday, and the benchmark 10-year Treasury bond yield held at 4.95 percent. The 30-year fixed-rate average stayed at 6.29 percent, and the 15-year fixed rate sank to 5.97 percent. The 1-year adjustable dipped to 5.57 percent. The 30-year Treasury bond yield was unchanged at 5.06 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 climbed 92.34 points, or 0.67 percent, finishing at 13,943.42. The Nasdaq was up 2.98 points, or 0.11 percent, closing at 2,690.58. Stock figures are current as of 7:30 p.m. Eastern Standard Time....