The rate ticked up to 6.79% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate,

The average rate on a 30-year mortgage in the United States rose for the sixth straight week, returning to its highest level since early July. The rate ticked up to 6.79 percent from 6.72 percent last week,

Bond yields also surged on expectations that President-elect Trump’s plans for higher tariffs, lower tax rates and lighter regulation could lead to growth, inflation and government debt.