Freddie Mac said the 30-year fixed-rate mortgage rate rose slightly for the third consecutive week while the 15-year fixed-rate eased down slightly and 5-year and 1-year ARMs set another low. The 30-year fixed-rate mortgage averaged 4.24% with an average 0.8 point for the week ending Nov. 4, up from 4.23% last week.  Last year at this time, the 30-year rate was 4.98%. The 15-year rate averaged 3.63% with an average 0.7 point, down from 3.66%. A year ago, a 15-year fixed-rate mortgage averaged 4.4%. The average rate on the benchmark conforming 30-year fixed mortgage rate was 4.42%, down from 4.51% last week, according to's weekly national survey. The average 30-year fixed mortgage has an average of 0.37 discount and origination points. Bankrate said the average 15-year fixed mortgage hit a new low of 3.81%, down from 3.90% last week, and the larger jumbo 30-year fixed rate also fell, sinking to 5.04%. Adjustable rate mortgages were mostly lower, with the average 5-year ARM falling to 3.57 percent and the average 7-year ARM retreating to 3.87 percent.  down from 3.67% last week The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.39%, with an average 0.6 point, down from 3.41% and down from 4.35% a year ago, according to Freddie. The 5-year ARM has not been lower since Freddie Mac started tracking it in January 2005. The 1-year Treasury-indexed ARM averaged 3.26% this week with an average 0.7 point, down from last week when it averaged 3.3% and from a year ago when it was 4.47%. “The core price index for personal expenditures, a gauge closely followed by the Federal Reserve, rose 1.1% over the 12-months ending in September and represented the smallest increase since September 2001,” said Frank Nothaft, vice president and chief economist for Freddie Mac. Write to Kerry Curry.