Mortgage Rates in the US Climb for a Second Week, Reaching 6.88%
A realtor stands in the kitchen of a home during an open house in Seattle, Washington.
Photographer: David Ryder/BloombergMortgage rates in the US rose for a second straight week.
The average for a 30-year, fixed loan was 6.88%, up from 6.82% last week and matching the level reached in early March, Freddie Mac said in a statement Thursday.