Mortgage rates tick higher but remain near 6%

Mortgage rates ticked higher this week, mortgage buyer Freddie Mac said Thursday.

Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage increased to 6.11% from last week's reading of 6.10%. 

The average rate on a 30-year loan was 6.89% a year ago.

HOME DELISTINGS SURGE AS SELLERS STRUGGLE TO GET THEIR PRICE

"For the last several weeks, the 30-year fixed-rate mortgage has remained at its lowest level in years," said Sam Khater...