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NEW YORK (CNN/Money) -
The average rate on 30-year fixed-rate mortgages rose to 6.15 percent this week from last week's 6.10 percent, a Freddie Mac survey said Thursday.
In the year-ago period, the 30-year mortgage averaged 5.64 percent.
The average rate on 15-year fixed-rate mortgages rose to 5.69 percent, up from 5.65 percent the previous week. A year ago, the loan averaged 5.01 percent.
"Although home sales were still impressive in September, mortgage applications in October seem to be tapering off a bit, due in large part to slowly rising interest rates," said Frank Nothaft, Freddie Mac vice president and chief economist, in a statement.
"Obviously, refinancing is going to take the biggest hit as mortgage rates tick up."
Five-year adjustable-rate mortgages averaged 5.63 percent, compared to 5.59 percent the previous week. There is no data available for a year-to-year comparison because Freddie Mac only began tracking the 5-year loans this year.
One-year adjustable-rate mortgages averaged 4.91 percent, up slightly from 4.89 percent the week before. At this time last year, the one-year loan averaged 3.96 percent.
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