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MORTGAGE RATES HEAD HIGHER

Mortgage rates climbed this week.

Rates on 30-year, fixed-rate mortgages averaged 5.76 percent for the week ending Nov. 11, the mortgage company Freddie Mac said in its weekly survey released Thursday. That was up from 5.70 percent last week.

For 15-year, fixed-rate mortgages, a popular option for refinancing, rates rose this week to 5.16 percent, up from 5.08 percent last week.

For one-year adjustable rate mortgages, rates averaged 4.16 percent this week, compared with 4 percent percent last week. The Mortgage Bankers Association, meanwhile, said refinancing accounted for 45.2 percent of all home mortgage loan applications filed last week, down from 45.7 percent in the previous week.

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