Inman

Real estate rates end night higher

Long-term mortgage interest rates were up Friday, and the benchmark 10-year Treasury bond yield gained to 4.4 percent.

The 30-year fixed-rate average gained to 5.89 percent, and the 15-year fixed rate inched up to 5.49 percent. The 1-year adjustable was down at 5.62 percent.

The 30-year Treasury bond yield rose to 4.7 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 climbed 134.78 points, or 0.99 percent, finishing at 13,806.7. The Nasdaq was up 53.33 points, or 1.94 percent, closing at 2,804.19.

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