Mortgage Rates Retreat for Second Straight Week

The average 30-year rate fell to 7.02% from 7.09% last week. Borrowing costs on a 15-year mortgage fell to 6.28% from 6.38% last week. WASHINGTON – The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage...

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