Fixed mortgage rates unchanged in latest week

mortgage-rates-1324653572-e1434467182376-300x223By Tess Stynes | The Wall Street Journal

Average fixed mortgage rates in the U.S. were flat in the latest week, but remained near lows reached last year, according to mortgage-finance company Freddie Mac.

“After another week of financial-market oscillations driven by rumors of potential limits on oil production,” the 10-year Treasury yield edged up 0.05%, and the 30-year mortgage rate remained unchanged, Freddie Mac Chief Economist Sean Becketti said in prepared remarks Thursday.

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