The 30-year fixed-rate average has fallen dramatically in the last quarter but was up slightly this week. (istockphoto/istockphoto) Kathy Orton Reporter and editor covering the Washington metropolitan area housing market April 4 at 10:38 AM

Following the biggest one-week drop in a decade, fixed mortgage rates paused to catch their breath and were essentially flat this week.

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average ticked up to 4.08 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.06 percent a week ago and 4.4 percent a

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