Mortgage rates showed little change this week, waiting for the outcome of the Federal Reserve meeting.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average ticked up to 2.8% with an average 0.7 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 2.78% a week ago and 2.99% a year ago. The 30-year fixed average has remained below 3% the past five weeks.