After the holiday weekend, mortgage rates drifted up but still stayed under 3%.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average grew to 2.99% with an average 0.6 point. (Points are fees paid to a lender equal to 1% of the loan amount. They are in addition to the interest rate.) It was 2.95% a week ago and 3.18% a year ago.