30-Year Fixed Rate Over 5%

Mortgage rates mostly rose in the week that ended Thursday, with the average 30-year fixed rate jumping back above 5%, according to Freddie Mac's weekly survey.

The 30-year fixed-rate mortgage averaged 5.05% for the week that ended Thursday, up from last week's 4.93% average but down from 5.07% a year ago.

Rates on 15-year fixed-rate mortgages were 4.4%, up from 4.33% last week but down from 4.68% a year earlier.

To obtain the rates, the mortgages required payment of an average 0.7 point. A point is 1% of the mortgage amount, charged as prepaid interest.

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