Mortgage Rates Rise to 6.79% in the Wake of Trump’s Presidential Victory

Mortgage Rates Rise to 6.79% in the Wake of Trump’s Presidential Victory

Mortgage Rates Rise to 6.79% in the Wake of Trump’s Presidential Victory

Mortgage rates rose from 6.72% last week to 6.79% for a 30-year fixed home loan for the week ending Nov. 7, according to Freddie Mac. “Mortgage rates continued to inch up this week, reaching 6.79%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. This shift comes after the [presidential election](https://www.realtor.com/research/november-2024-election/), which has “the
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