Inman

Nightly real estate rates continue climb

Long-term mortgage interest rates were up again Wednesday, and the
benchmark 10-year Treasury bond yield slipped to 3.91 percent.

The 30-year fixed-rate average rose to 5.86 percent, and the
15-year fixed rate gained to 5.46 percent. Meanwhile, the 1-year adjustable rate jumped to 5.92 percent.

The 30-year Treasury bond yield dipped to 4.61 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.

Mortgage rate figures are according to Bankrate.com, 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 rose 66.2 points, or 0.52 percent, finishing at 12,898.38.
The Nasdaq gained 1.58 points, or 0.06 percent, closing at 2,496.7.

Stock figures are current as of 7:30 p.m. Eastern Standard Time.


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