Freddie Says: Mortgage Rates Mixed This Week

Mortgage rates were mixed this week, according to Freddie Mac's weekly survey. The average rate on a 30-year fixed-rate mortgage was 4.86 percent with an average 0.6 point, up from last week when it averaged 4.84 percent. Still a lot lower than last year's average of 6.01 percent thanks to the recession and the government programs designed to lower mortgage rates.