Mortgage rates climb for fourth straight week

Mortgage rates continue to march higher, climbing again for the fourth consecutive week.Freddie Mac's latest Primary Mortgage Market Survey released Thursday showed that the average rate on the benchmark 30-year fixed mortgage climbed to 6.94% this week, up from 6.90% last week. The average rate on a 30-year loan was 6.65% a year ago.But the average rate on the 15-year fixed mortgage fell a bit to 6.26% after coming in last week at 6.29%. One year ago, the rate on the 15-year fixed note averaged