Mortgage rates climbed again last week, while a key measure of housing sentiment dropped back close to the record lows recorded last year, as .For the week that ended March 3, the average contract rate on a 30-year fixed mortgage increased to 6.79%, from 6.71% the prior week, the Mortgage Bankers Association (MBA) said on Wednesday. It marked the fourth weekly increase in mortgage rates after a period of declines, as rates climbed back toward the 20-year high above 7% reached last fall.
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