Mortgage rates await the fiscal cliff

Long-term mortgage rates have been in a holding pattern in recent weeks, with little change again this week, according to Freddie Mac's weekly rate report.

A 30-year fixed-rate mortgage averaged 3.32 percent in the week ending Nov. 29, up from 3.32 percent last week. The rate for 30-year mortgages has been below 4.0 percent in all but one week this year.

A 15-year fix averaged 2.64 percent, up from 2.63 percent last week. A one-year adjustable-rate mortgage was unchanged at 2.56 percent.

"Mortgage…