The 30-year fixed rate climbed to 6.78%, pushing refinance demand down 2% and purchase applications down 0.3%

The 30-year fixed rate climbed to 6.78%, pushing refinance demand down 2% and purchase applications down 0.3%

Mortgage rates have edged higher, reaching their highest point in three weeks. This increase is adding pressure to the already sluggish U.S. housing market. Total mortgage…