Mortgage rates fell the week that ended Thursday, but the average fixed rate on a 30-year mortgage stayed above 5%, according to Freddie Mac's weekly survey.
Rates had fallen earlier this year, but yields on Treasuries have jumped in the past month, helping push mortgage rates higher.
The 30-year fixed-rate mortgage averaged 5.12% for the week that ended Thursday, down from last week's 5.29% average and 6.47% a year earlier.
Rates on 15-year fixed-rate mortgages were 4.56%, down from 4.68% last week and 6% a year earlier.
Five-year Treasury-indexed hybrid adjustable-rate mortgages averaged 4.57%, down from last week's 4.75% and 5.99% a year earlier.
One-year Treasury-indexed ARMs were 4.69%, down from 4.72% and 5.29%, respectively.
To obtain the rates, the fixed-rate mortgages required payment of an average 0.7 point, the five-year adjustable-rate required an average 0.6 point and the one-year ARM required an average 0.5 point.
A point is 1% of the mortgage amount, charged as prepaid interest.