Mortgage rates rise for the second week, reaching 6.77%
By Anna Bahney, CNN Washington, DC (CNN) — After treading water for months, US mortgage rates jumped higher Thursday following a string of strong employment and inflation reports. The 30-year fixed-rate mortgage averaged 6.77% in the week ending February 15, up from 6.64% the previous week, according to data from Freddie Mac. A year ago,
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