Inman

Overnight real estate rates hit flat patch

Long-term mortgage interest rates leveled out Monday, and the benchmark 10-year Treasury bond yield rose to 4.61 percent.

The 30-year fixed-rate average held at 5.76 percent, and the 15-year fixed rate stayed at 5.49 percent. The 1-year adjustable was unchanged at 5.34 percent.

The 30-year Treasury bond yield edged up to 4.71 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 gained 23.45 points, or 0.19 percent, finishing at 12,131.88. The Nasdaq was up 16.66 points, or 0.7 percent, closing at 2,406.38.

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