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Mortgage Rates Surge to 6.85% | Salt Lake City News

Mortgage rates just hit a new high—30-year fixed at 6.85%, up from yesterday and now averaging 6.58%. Driven by global tensions pushing gas prices and inflation fears, bond markets are reacting, making home loans costlier. Rates were below 6% just months ago, but still lower than early 2025’s peak above 7%. A year ago, the average was even higher. If you’re buying, shop around—comparing lenders can save you thousands over the life of your loan. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated…

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