RATES UNCHANGED: The average rate on the 30-year fixed mortgage rose slightly to 4.51 percent, Freddie Mac said. The 15-year fixed mortgage, a popular refinancing option, stayed at 3.69 percent.
NEAR LOWS: Fixed loans hit their low points for the year earlier this month. Rates typically track the yield on the 10-year Treasury note, which has been rising in the past week.
QE2 ENDING: Mortgage rates could rise this summer. The Federal Reserve's $600 billion bond-buying program ends this week. The bond purchases lowered the yield on Treasury notes below 3 percent this spring.