BANKING

Fixed Rates Mortgages Rise: Thirty-year, fixed-rate mortgages averaged 8.01% this week, up from 7.93% last week, according to a national survey by the Federal Home Loan Mortgage Corp. It was the first increase since the week ended Sept. 25, when rates moved up to 8.02% from 7.89%. On one-year adjustable rate mortgages, lenders were asking an average initial rate of 4.97%, down from 5.01% last week. The rates do not include add-on fees known as points.