Mortgage rates teeter toward 7% with no relief in sight: Freddie Mac
By: Mortgage rates rose for the third week straight and are likely to stay elevated as the housing market heads to fall, according to Freddie Mac. (iStock) Mortgage rates continued their slow creep to 7% with no signs of slowing, according to Freddie Mac. The average 30-year fixed-rate mortgage increased to 6.96% for the week…