US mortgage rates just jumped the highest in two years

U.S. mortgage rates continue to climb, putting additional pressure on refinancing and homebuying activity across the nation, Bloomberg reports.  The contract rate on a 30-year mortgage increased 8 basis points to 6.81% last week, the highest since July, according to Mortgage Bankers Association data released Wednesday. In the last five weeks, the rate has risen … Continue reading US mortgage rates just jumped the highest in two years