Dip in overnight real estate rates

Long-term mortgage interest rates were lower Tuesday, and the benchmark 10-year Treasury bond yield stayed at 4.38 percent.

The 30-year fixed-rate average slipped to 5.88 percent, and the 15-year fixed rate sank to 5.51 percent. The 1-year adjustable, however, was up at 5.64 percent.

The 30-year Treasury bond yield rose to 4.68 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.

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