Rates on 30-year mortgages rise for second consecutive week (Minneapolis-St. Paul Star Tribune)

Story date: 2007-09-27 10:13:23
Added on: 2007-09-27 23:00:06

WASHINGTON Rates on 30-year mortgages rose for a second straight week, a sharp rebound after hitting a four-month low. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.42 percent this week, up from 6.34 percent last week. Two weeks ago, the nationwide average for 30-year mortgages had dipped to 6.31 percent, the lowest level since May 17. That ...


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