Mortgage rates this week ticked up only slightly, Freddie Mac reports in its weekly mortgage market survey. Still, mortgage 
rates remain below last year at this time.
rates remain below last year at this time.
Mortgage rates increased for the week: Freddie Mac reports the following national averages with mortgage rates for the week ending July 10.
- 30-year fixed-rate mortgages: averaged 4.15 percent, with an average 0.7 point, rising from last week’s 4.12 percent. Last year at this time, 30-year rates averaged 4.51 percent.
Here are 4 Reasons Why Buyers Should Be Happy: Home shoppers may find there’s good reason to breathe a sigh of relief this summer. They pointed to higher inventories, fewer bidding wars, and slowing home prices as welcoming signs for home buyers this year, read more.
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