Fixed rate mortgages edge higher, Freddie Mac says

|By:, SA News Editor

The average rate for a 30-year fixed-rate mortgage rose to 4.37% in the latest Freddie Mac weekly survey, from 4.28% in the prior week; a year ago, the 30-year rate was at 3.63%.

The average rate for the 15-year fixed-rate mortgage increased to 3.38% from 3.32% in the prior week; a year ago the 15-year rate was 2.79%.