The average interest rate on 30-year fixed-rate mortgages, which has been rising for two months, fell to 7.65 percent this week, Freddie Mac said Thursday. The average was down from 7.71 percent last week.

Mortgages rates have been climbing for the past two months and have ranged from a low this year of 6.74 percent in late January to a high of 7.71 percent last week.

Fifteen-year mortgages, often used in home-loan refinancings, averaged 7.30 percent this week, down from the average of 7.34 percent last week.

On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 5.96 percent this week, down from 6.05 percent the previous week.

Separately, the Mortgage Bankers Association reported Wednesday that mortgage loan applications rose 2.6 percent last week, even though mortgage rates had crept up in the same week.

PERSONNEL . . .The Mortgage Bankers Association of America in Washington nominated James M. Murphy as vice president-elect and Thomas P. Cronin as vice president/treasurer-elect. They will be elected at the MBA's October meeting . . . The Minneapolis-based commercial real estate firm Opus National LLC appointed James M. Murrey Jr. director, national marketing. He will work primarily with Opus East LLC in Bethesda . . . Insignia/ESG, the real estate management and consulting firm, named Linda Layton general manager in the firm's Richmond management services and leasing office, and Robert N. Suite construction manager in the firm's Washington office.

UPCOMING EVENTS . . . The Washington Metropolitan Chapter of the Community Associations Institute in Annandale is hosting a seminar on directors' and officers' insurance on July 14 at the Hilton Mark Plaza Hotel, 5000 Seminary Rd., Alexandria. For more information and registration, contact the chapter at 703-750-3644 or send e-mail to info@caidc.org.

Send realty announcements to Brian Krebs, Real Estate Notes, The Washington Post, 1150 15th St. NW, Washington, D.C. 20071.