Mortgage Rates Continue to Rise, Hitting 5.81%

Mortgage rates reached the highest level in more than 13 years for the second straight week. The average rate on a 30-year fixed-rate mortgage rose to 5.81%, mortgage-finance giant Freddie Mac said Thursday, the highest level since November 2008. Last week, Freddie Mac reported an average mortgage rate of 5.78%, up from 5.23% the week […]

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