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Mortgage Rates in US Jump, Climbing to Highest Since November

  • Economist says many buyers pressured by rates, low inventory
  • Prices are rising in some parts of US with few homes for sale

US mortgage rates rose for a second straight week, reaching the highest since November.

The average for a 30-year, fixed loan increased to 6.81% from 6.71% last week, Freddie Mac said in a statement Thursday.