Industry News

Mixed night for real estate rates

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Movement in long-term mortgage interest rates varied Friday, and the benchmark 10-year Treasury bond yield sank to 4.76 percent. The 30-year fixed-rate average held at 6.26 percent, and the 15-year fixed rate inched up to 5.93 percent. The 1-year adjustable was down at 5.52 percent. The 30-year Treasury bond yield fell to 4.93 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 plunged 208.1 points, or 1.54 percent, finishing at 13,265.47. The Nasdaq lost 37.1 points, or 1.43 percent, closing at 2,562.24. Stock figures are current as of 7:30 p.m. Eastern Standard Time....