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Rate on 30-year fixed mortgage rises to 4.81 pct. (AP)

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This photo taken Jan. 27, 2011, shows a home for sale in Mount Lebanon, Pa. Freddie Mac said Thursday, Feb. 3, 2011, the average rate rose to 4.81 percent this week from 4.80 percent the previous week. It hit a 40-year low of 4.17 percent in November. (AP Photo/Gene J. Puskar)

AP - The average rate on the 30-year fixed mortgage edged up this week as bond yields increased.




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