Fixed mortgage rates were mostly unchanged this week, inching up from their yearly lows, The Associated Press reports.
Freddie Mac says the average rate on the 30-year fixed loan ticked up to 4.52 percent from 4.51 percent a week ago. It reached its yearly low of 4.49 percent a month ago.
The average rate on the 15-year fixed loan, popular for refinancing, nudged up to 3.66 percent from 3.65 percent, its low point for the year.
Mortgage rates typically track the yield on the 10-year Treasury note. Yields fall when prices rise. In the past week, yields have been stable.
Low mortgage rates and depressed home prices have done little to revive the struggling housing market.
