Long-term mortgage interest rates declined Tuesday, and the
benchmark 10-year Treasury bond yield decreased to 3.82 percent.
The 30-year fixed-rate average sank to 5.8 percent, and the
15-year fixed rate fell to 5.39 percent. Meanwhile, the 1-year adjustable rate dipped to 5.77 percent.
The 30-year Treasury bond yield slipped to 4.55 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 lost 39.81 points, or 0.31 percent, finishing at 12,871.75.
The Nasdaq gained 1.7 points, or 0.07 percent, closing at 2,426.1.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
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