The average rate for a 30-year fixed-rate mortgage rose slightly in the most recent week while shorter-term rates were mixed, according to Freddie Mac's primary market survey. "Mortgage rates for fixed rate mortgages were virtually unchanged" for the week ending March 18, said Freddie's chief economist Frank Nothaft. The average 30-year FRM rate ended the period at 4.96%, up slightly from 4.95% the previous week. A year ago the rate was 4.98%. The average 15-year FRM rate was 4.33%, up from 4.32% the previous week but down from 4.61% a year ago. The average rate for a five-year hybrid Treasury-indexed adjustable-rate mortgage was 4.09%, up from 4.05% the previous week but down from 4.98% a year ago.
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