Overnight real estate rates in 4-day slide

Long-term mortgage interest rates fell for the fourth night Thursday, and the benchmark 10-year Treasury bond yield dropped to 3.94 percent.

The 30-year fixed-rate average sank to 5.73 percent, and the 15-year fixed rate dipped to 5.31 percent. The 1-year adjustable slipped to 5.49 percent.

The 30-year Treasury bond yield was down at 4.34 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. more...

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