WASHINGTON >> Average long-term mortgage rates rose this week as the benchmark 30-year loan edged over 3%.

Mortgage buyer Freddie Mac reported Thursday that the average rate for a 30-year mortgage increased to 3.01% from 2.88% last week. The rate stood at 2.88% this time last year. It peaked this year at 3.18% in April.

The rate for a 15-year loan, a popular option for homeowners refinancing their mortgages, advanced to 2.28% from 2.15% last week.

A factor in the upward pressure on rates was the Federal Reserve’s signaling last week its belief that the economy has recovered sufficiently from the pandemic recession for it to soon begin dialing back the emergency aid it provided after the spread of coronavirus. Also playing a role were emerging energy supply shortages.

The yield on the key 10-year U.S. Treasury bond this week reached its highest level since June. Yields, which can influence interest rates on mortgages and other consumer loans, generally rise when bond prices fall.