The Federal Home Loan Mortgage Corp. said on Thursday that average interest rates for 30-year fixed-rate mortgages topped 5 percent in the week ending Feb. 25.

Freddie Mac said that the 30-year, fixed-rate mortgage averaged 5.05 percent with 0.7 points during the week. A week ago, 30-year, fixed-rate mortgages averaged 4.93 percent. A year ago, rates averaged 5.07 percent.

The 15-year fixed-rate mortgage, at 4.4 percent with an average 0.7 points, also rose. Last week, 15-year mortgage terms averaged 4.33 percent. A year ago, 15-year fixed-rate mortgages averaged 4.68 percent.

Markets are facing "a mixed set of data" including a rise in January's producer price index, but "subdued" increase in consumer prices in the month, said Frank Nothaft, Freddie Mac vice president and chief economist. (With Input from Agencies)