30-year fixed-rate mortgage highest in 8 months

The 30-year fixed-rate mortgage hit its highest weekly level in eight months this week, averaging 5.21%, according to Freddie Mac's weekly survey of conforming mortgage rates, released on Thursday.

The mortgage averaged 5.08% last week and 4.87% a year ago. It hasn't been higher since the week ending Aug. 13, when it averaged 5.29%.