BANKING

30-Year Mortgage Rates Higher: Thirty-year, fixed-rate mortgages averaged 7.32% this week, up from 6.94% last week, according to a national survey released by Federal Home Loan Mortgage Corp. It was the highest since Nov. 30, when rates averaged 7.33%. The 6.94% average last week had been the lowest since Oct. 28, 1993, when it was 6.86%. On one-year, adjustable-rate mortgages, lenders were asking an average initial rate of 5.34%, up from 5.19% last week. Fifteen-year mortgages, a popular option for those who are refinancing, averaged 6.77% this week, up from 6.44% a week earlier.