Freddie Macs weekly survey of mortgage rates released Thursday showed that rates on 30-year, fixed rate mortgages averaged 5.62 percent for the week ending Feb. 10, up from 5.57 percent last week, according to MSNBC.com.

Nonetheless, housing sales are still supposed to achieve almost record sales this year.

In other news, applications for U.S. home mortgages decreased slightly last week as a drop in home purchasing offset an uptick in refinancing, an industry group said Wednesday according to CNNMoney.