After jumping more than one full percentage point in early May, 30-year mortgage rates have stabilized, moving little since then.
Freddie Mac's weekly rate report says the average rate on a 30-year fixed-rate mortgage rose to 4.40 percent in the week ending Aug. 8, up from 4.39 percent last week. A 15-year fix average 3.43 percent, unchanged from last week.
A one-year adjustable-rate mortgage averaged 2.62 percent this week, down from 2.64 percent.
The National Association of Realtors says the recent rise in rates is having little impact on housing sales, or rising home values.
In the second quarter, NAR says the median price of an existing home that sold was up 12.2 percent from a year earlier, the biggest year-over-year gain since the end of 2005.
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