Mortgage Rates on The Rise

Washington, DC, Jan. 27, 2011 -- U.S. mortgage rates rose for the second straight week, according to Freddie Mac.

The average rate for 30-year fixed loans rose to 4.80 percent for the week ended today from 4.74 percent.

The average 15-year rate was 4.09 percent, up from 4.05 percent a week earlier.