Mortgage rates rise for second straight week
AP reports that Mortgage rates around the country rose for a second straight week but still remain below rates seen a year ago.
In its weekly survey, mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages increased to 5.66 percent, up from last week’s 5.62 percent. The increases were coming after rates had dipped to 5.53 percent in the last week of June, the lowest point for 30-year mortgages in 14 months.
