Average rates on 30-year fixed-rate mortgages climbed to 4.87% this week from 4.78% last week, mortgage company Freddie Mac said.
The average rate on a 15-year fixed-rate mortgage rose to 4.54% from 4.52%. Five-year adjustable-rate mortgages increased to 4.93% from 4.92%. One-year adjustable mortgages rose to 4.83% from 4.75%.
