30-year mortgages rise to 6.10 percent

WASHINGTON, D.C. (AP) - Rates on 30-year mortgages rose for a second consecutive week, climbing to the highest level in a month.

Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.10 percent last week, up slightly from 6.09 percent the previous week. It was the highest level since 30-year mortgages averaged 6.35 percent for the week ending Sept. 4.

Financial markets have been turbulent in recent weeks as demand for safe-haven Treasury securities has pushed those yields down sharply while rates on other types of corporate bonds have been pushed higher by growing concerns about...