Mortgage rates rise for 2nd consecutive week, pushing more potential home buyers onto the sidelines

The numbers: Mortgage rates rose for the second week in a row, pouring cold water on the housing industry’s optimism that it in recovery mode. The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, according to data released by Freddie Mac FMCC, on Thursday. That’s up 20 basis points from…

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