Mortgage rates inch up

30-year fixed just under 5%

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Mortgage rates inched up only slightly this week despite a sharper increase in bond yields, leaving the 30-year fixed-rate mortgage averaging just under 5 percent for the week, Freddie Mac said in releasing the results of its Primary Mortgage Market Survey.

The 30-year fixed-rate mortgage (FRM) averaged 4.99 percent with an average 0.6 point for the week ending March 25, up from 4.96 percent last week and 4.85 percent a year ago.