Average rates on 30-year fixed-rate mortgages ticked higher to 3.55% in the week ending Aug. 2...

|By:, SA News Editor

Average rates on 30-year fixed-rate mortgages ticked higher to 3.55% in the week ending Aug. 2 from a record low of 3.49% in the prior week, Freddie Mac says in its weekly report. Before this week, 30-year rates had fallen to or matched record lows in 13 of the past 14 weeks. Average 15-year rates rose to 2.83% vs. a record low 2.8% in the prior week.