Fixed-rate home mortgages headed higher in April...

Fixed-rate home mortgages headed higher in April after falling since the October stock market crash, according to a Federal Home Loan Bank Board report. The FHLBB, which regulates savings institutions, said its nationwide average for conventional 30-year, fixed-rate mortgages on single-family homes rose to 10.48% in early April, up from 10.33% in March. The bank board survey said rates for the most popular type of one-year, adjustable-rate mortgages, those with limits on how much the rate can increase, dropped slightly to 8.62% in April from 8.64% in March.