Mortgage rates inched higher Friday as stock prices climbed on news of an agreed $13.4 billion government bailout of GM and Chrysler. Oil prices continued falling to about $35 per barrel, an astounding 78% decline from their July peak. The dollar was sharply lower against the euro. While mortgage rates remain near 45-year lows, they have crept higher over the past two days, largely on the surge of refinancing demand. Lenders’ limited capacity to process the increased volume of business is affecting pricing. Borrowers who have not yet locked their interest rates may benefit by waiting a few more days for the industry to catch up on their pipelines.