Freddie Mac reported 30- and 15-year fixed mortgage rates edged two basis points higher to 3.90% and 3.13%, respectively, in the week ending April 19.

Levels, however, are just slightly above their recent record lows of 3.87% and 3.11%. Meanwhile, ARM rates were mixed with 5/1 hybrid rates dropping seven basis points to a new record low of 2.78%, while one-year ARM rates rose to 2.81% from 2.80%.

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