Mortgage rates were little changed from last week despite the volatility in the market this week.

According to Freddie Mac, the 30-year fixed mortgage rate averaged 4.50% compared to 4.49% previously, with an average 0.7 point.  This keeps the no point rate in the higher 4.60% area. Meanwhile, 15-year fixed and 5/1 hybrid ARM rates slipped one basis point to new year-to-date lows of 3.67% and 3.27%, respectively, while one-year ARM rates rose two basis points from its record low to 2.97%.

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