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by CareyBot

Mortgage rates this week eased from their four-week ascent, as inflation became less of a concern to investors, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac's survey, the 30-year fixed-rate mortgage averaged 6.26 percent for the week ended today, down from last week's average of 6.28 percent. The average for the 15-year fixed-rate mortgage is 5.89 percent, down from last week's average of 5.91 percent. Points on both the 30- and 15-year averaged 0.6. The five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 5.96 percent this week, with an average 0.6 point, up slightly from last week when it averaged 5.95 percent. The one-year Treasury-indexed ARM averaged 5.32 percent, with an average 0.7 point, down from last week when it averaged 5.36 per...