Mortgage rates climb to 6.86%

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🇺🇸MORTGAGE RATES KEEP CLIMBING AS MARKET BRACES FOR TRUMP-ERA IMPACTS

The average 30-year fixed rate rose to 6.86%, as the market processed economic shifts expected under Trump’s presidency.

While overall mortgage applications barely budged, edging up 0.5%, refinancing requests… pic.twitter.com/gVINTAlqhS

— Mario Nawfal (@MarioNawfal) November 13, 2024

See also Contagion spreads: 40% price cuts across states as mortgage applications collapse 45%.

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