WASHINGTON The average 30-year fixed mortgage rate this week rose 11 basis points from last week, to 7.12%, according to Freddie Macs weekly mortgage rate survey released Thursday.
The average rate on 15-year, fixed-rate mortgages ticked up 8 basis points, to 6.69%. The average one-year, adjustable-rate mortgage rate increased 3 basis points, to 6.43%.
This year the average 30-year, fixed-rate loan has dipped as low as 6.89%, in early January, and has not gone above 7.15%, according to Freddies survey.
