30-Year Mortgage Rates Rise for a Second Day

Rates on 30-year fixed-rate loans inched higher for a second day Tuesday, adding another 6 basis points to reach 7.34%. The flagship average has been in a yo-yo pattern this month, first surging to a 20-year high of 7.70% on July 6, and then sinking to 7.17% a week later. The average has been…