Mortgage rates are edging higher for their sixth consecutive week , according to Freddie Mac, with the average 30-year fixed rate mortgage ticking up to 6.79%.

Yahoo Finance housing reporter Claire Boston sits down with Brad Smith on Wealth to dissect this new mortgage print ahead of today's interest rate decision from the Federal Reserve , referencing how the central bank and housing markets are viewing the environment under a second Donald Trump administration after his 2024 election victory.

To watch more expert insights and analysis on the latest market action, check out more Wealth here .

This post was written by Luke Carberry Mogan .