Overnight real estate rates mostly flat

30-year fixed rate at 5.98%; 10-year Treasury yield at 4.81%
Inman News
Long-term mortgage interest rates barely budged Wednesday, and the benchmark 10-year Treasury bond yield held at 4.81 percent.

The 30-year fixed-rate average edged up to 5.98 percent, and the 15-year fixed-rate sank to 5.7 percent. The 1-year adjustable was unchanged at 5.33 percent.

The 30-year Treasury bond yield increased to 4.95 percent.

Rates 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 lost 41.94 points, or 0.37 percent, finishing at 11,297.9. The Nasdaq was down 15.36 points, or 0.71 percent, closing at 2,134.66.

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