(24/7 News) The rate home buyers can expect to pay on a 30-year fixed-rate mortgage is the highest it's been in two years.

According to a report today from Freddie Mac, the rate rose to 4.57-percent, up six-hundredths of a percent from last week.

A report from the Mortgage Bankers Association yesterday indicated more potential home owners applied for home loans last week in response to lowered interest rates.