Freddie Mac’s April 4 Primary Mortgage Market Survey showed mortgage rates held steady this week after experiencing major drops last week. The survey reported that the average 30-year fixed-rate mortgage rate of 4.08 percent rose 2 basis points from the March 28 average of 4.06 percent. This time last year, the 30-year fixed averaged 4.40 percent.

The  average 15-year fixed-rate mortgage stood at 3.56 percent on April 4, up 1 basis point from March 28, when it averaged 3.55 percent. A year ago at this time, the 15-year fixed averaged 3.87 percent.