Overnight real estate rates nudge higher

30-year up at 5.36%; 10-year Treasury up at 4.21%



Long-term mortgage interest rates were higher Tuesday, and the benchmark 10-year Treasury bond yield rose to 4.21 percent.



The 30-year fixed-rate average inched up to 5.36 percent, and the 15-year fixed-rate climbed to 4.78 percent. The 1-year adjustable was up at 3.38 percent. The 30-year Treasury bond yield inched up 4.9 percent.



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



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Home builders' confidence holds steady

Fewer prospective buyers visit model homes in November



Continuing low mortgage rates and improving economic conditions are helping maintain a solid level of builder confidence in the market for new single-family homes, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.



The November HMI registered no discernible change in builder attitudes following an impressive four-point jump that brought the index in line with its highest level of the year, at 71, in October.



The component index gauging current single-family sales rose two points to 79 – its highest level of the year – in November. Meanwhile, the component index gauging sales expectations for the next six months and the component gauging traffic of prospective buyers each edged down two points, to 80 and 50, respectively



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