Inman

Overnight real estate rates mostly flat

Long-term mortgage interest rates barely budged Tuesday, and the benchmark 10-year Treasury bond yield dipped to 4.17 percent.

The 30-year fixed-rate average inched up to 5.33 percent, and the 15-year fixed-rate held at 4.75 percent. The 1-year adjustable was unchanged at 3.44 percent.

The 30-year Treasury bond yield fell to 4.8 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 was up 97.83 points, or 0.92 percent, finishing at 10,759.43. The Nasdaq was up 23.06 points, or 1.08 percent, closing at 2,150.91.

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

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