Mortgage rates have hardly moved over the past three weeks, and at least one forecast suggests that fixed rates might continue to stay frozen.

Residential loans that were funded during January had an average 30-year note rate of 4.31 percent, soaring from 4.05 percent a month earlier.

But despite the week-over-week surge, rates on mortgages have hardly changed compared to 4.30 percent as of the same week a year earlier.

Source: Mortgage Daily