Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels

US mortgage rates hit yearly high as home loan demand slides further

30-year mortgage rates hit 6.81%, the year's highest, with refinancing down 10% as affordability pressures intensify. Coinbase's crypto-collateral option carries 0.5-1.5% premium, exposing traditional finance's pricing model for volatile digital asset collateral.