Long-term mortgage interest rates fell considerably Thursday, and the benchmark 10-year Treasury bond yield was down at 3.67 percent.
The 30-year fixed-rate average dove to 5.88 percent, and the 15-year fixed rate plunged to 5.28 percent. The 1-year adjustable rate dipped to 4.83 percent.
The 30-year Treasury bond yield sank to 4.51 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.