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.