Market Update

Long-term mortgage interest rates continued higher Tuesday, and the benchmark 10-year Treasury bond yield rose to 4.37 percent.

The 30-year fixed-rate average inched up to 5.96 percent, and the 15-year fixed rate gained to 5.57 percent. The 1-year adjustable, however, slipped to 5.63 percent.

The 30-year Treasury bond yield gained to 4.67 percent.

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